An Immediate Annuity With Inflation Protection and Life Commutation Options
The Tailored Income Annuity is a single-premium, immediate annuity offering several innovative income options. This annuity can help to transition your clients from an accumulation phase to an income phase of retirement, where a safe, secure source of income is critical.
This annuity may also be a good vehicle for large lump sums from insurance proceeds, group retirement plans, divorce settlements or large-ticket sales, which can be converted into an income stream.
Several, flexible income options are available on this contract and optional riders allow your client to add the Life Income Commutation1 or Inflation Protection features to many of the payment options.
The Tailored Income Annuity is an ideal income vehicle for those seeking a guaranteed income for life or for a specific period.
1 The Life Income Commutation feature is not available in Washington.