• Discover the many opportunities available to help secure your financial future through the use of a comprehensive suite of investment and insurance products.

    At Retirement Income Strategies, we can help you determine a strategy appropriate for your financial situation.

  • Immediate Annuities in Madison

    Whether we like it or not, retirement planning is changing and will continue to do so. The amount of pensions is dwindling each year and the future of Social Security is up in the air. Because of this, it’s important that people prepare today for their retirement future. In order to accomplish this goal, many people have chosen immediate annuities.

    About Immediate Annuities

    First, let’s discuss a general definition of annuities. Basically, an annuity is a financial product that is an agreement between an individual and an insurance company. The person buying the annuity makes a lump sum payment to the company, who agrees to make payments back to the owner at a later time. There are two basic kinds of annuities, deferred and immediate, that determine how and when these payouts occur. While deferred annuities don’t start until a later date, immediate annuities can start immediately.

    For those in need of regular income payments within a short amount of time, immediate annuities can be a great choice. Immediate annuities are tax-deferred, which means you do not have to pay taxes on this increase until the money is withdrawn.

    Because there are many companies that sell them, there are several options when it comes to immediate annuities. The great thing about working with Retirement Income Strategies for your retirement planning is that we are able to work with many of these financial institutions to provide our Madison clients with options. This allows us to select an immediate annuity that will best meets your needs.

    Contact Us

    Want to learn more about Madison immediate annuities? Talk to one of our knowledgeable financial professionals. We’ll be happy to discuss your financial and retirement goals to decide if one of these products would be the right choice for you. Please give us a call now to schedule your appointment.

    Kristian Finfrock

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    Our founder and top financial professional, Kristian Finfrock, wants you to maintain a retirement savings that is not majorly impacted by today's volatile market. Contact us at 888.275.3935 to learn more.

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    Ed Slott’s IRA Corner

    Ed Slott runs the Elite IRA Advisor Group dedicated to spread the word about smart retirement strategies.

    Members of Ed Slott’s Elite IRA Advisor GroupTM are dedicated to being leaders in the IRA industry and protecting their clients’ families’ futures.

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    Upcoming Events

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    Our retirement planning professionals offer a number of events to provide education and assistance with senior life insurance, financial planning, and more. Click below to view our upcoming calendar.

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    At Retirement Income Strategies, helping you meet your financial needs is our FIRST priority

    Contact us at info@ri-strategies.com or call us at 888.275.3935 to schedule a time to discuss your financial situation and the potential role of insurance or investments in your financial strategy.