• 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

    Whether we like it or not, planning for retirement is changing and will continue to change. While Social Security and pensions have been reliable options for retirement income, they have shifted to a point where they will only be supplemental or even non-existent. This means it is very important to prepare now for what lies ahead in retirement. An immediate annuity is an insurance product that can help people accomplish this goal.

    About Immediate Annuities

    First, 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 individual makes a lump sum payment to the financial institution, who makes regular payments back to the person throughout the life of the annuity. There are two basic types of annuities, deferred and immediate, that determine how and when these payouts occur. Deferred annuities include payouts that are pushed aside to a later date; 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an immediate annuity is tax-deferred, which means you aren’t required to pay taxes on this increase until the money is withdrawn.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. By working with Retirement Income Strategies, you’ll have access to many of these companies and have options available as you select a Madison immediate annuity. This structure allows us to select the immediate annuity that will best meets your needs.

    Contact Us

    Want to learn more about immediate annuities in Madison? Speak with one of our experienced financial professionals. We’ll be happy to talk about your financial situation and retirement goals to determine if one of these products would be a good fit for you. Please call us now to set up 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.