• 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

    Retirement planning has changed a lot throughout the years and will continue to do so. It is tough to rely on Social Security when its future is in doubt. This is why it is important for people to prepare today for their retirement future. Immediate annuities are a product that can help people accomplish this goal.

    What Is An Immediate Annuity?

    First of all, it’s important to understand what annuities are. Annuities are financial products that function as an agreement between an individual and an insurance company. The person agrees to make a lump sum payment to the financial institution, who makes regular payments back to the person at a predetermined time. There are two basic kinds of annuities, deferred and immediate, that determine how and when these payouts occur. Deferred annuities include payouts that are pushed aside to a later time; the payouts of immediate annuities can start immediately.

    For those looking for recurring income payments within a short amount of time, immediate annuities can be a great choice. The growth of the funds placed within an immediate annuity is tax-deferred, which means you do not need to pay taxes on this increase until the money is withdrawn.

    You have many different options when it comes to immediate annuities, which can make the decision difficult. The great thing about choosing Retirement Income Strategies for wealth management is that we are able to work with several of these financial institutions to provide our Madison customers with options. This allows us to select an immediate annuity that will best fit your needs.

    Contact Us

    Ready to learn more about immediate annuities? Talk to one of our experienced financial professionals in the Madison area. After a simple conversation on your current finances and retirement goals, we should be able to figure out if an immediate annuity is a good choice for you. Give us a call now and schedule your appointment.

    Kristian Finfrock


    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

    Retirement planning is simple when you partner with the wealth management professionals at Retirement Income Strategies.

    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.