• 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.

  • Madison Immediate Annuities

    The products we rely on to plan for retirement have changed a lot over time. It’s tough to bank on Social Security when its future is uncertain. This is why it is important for people to prepare now for their future. For many people, immediate annuities are a product that could help them accomplish this goal.

    About Immediate Annuities

    First, let’s discuss annuities in general. Basically, an annuity is a financial product that is an agreement between an individual and an insurance company. Whoever is buying the annuity makes a lump sum payment to the company, who agrees to make regular payments back to the owner at a predetermined time. There are two basic types of annuities, deferred and immediate, that determine how these payouts occur. While deferred annuities do not begin until a later time, immediate annuities can start immediately.

    For those looking for regular income payments within a short amount of time, immediate annuities can be a great choice. Another important feature of these annuities is they are tax-deferred, which means you aren’t required to pay taxes on this increase until the money is withdrawn.

    There are several companies out there that sell immediate annuities, providing you with many different options. To help you make an informed decision on immediate annuities, Retirement Income Strategies is independent, meaning it will provide you with access to products from several different companies. Because of this, we’re better equipped to find an annuity that fits your needs.

    Contact Us

    Want to learn more about immediate annuities in Madison? Speak with one of our knowledgeable financial professionals. We will be happy to talk about your financial and retirement goals to decide if one of these products would be a good fit for you. 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.

    » Learn More

    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.

    » Calendar of Events

    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.