• 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 the years. It’s tough to rely on Social Security when its future is uncertain. Because of this, it’s important that people prepare today for their future. For many people, an immediate annuity is a product that can assist with accomplishing this goal.

    About Immediate Annuities

    First of all, it’s necessary to understand what annuities are. At its base level, an annuity is a financial product that functions 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 at a predetermined time. In respect to when these payments happen, there are two basic types of annuities: deferred and immediate. While deferred annuities don’t start until a later time, immediate annuities can start immediately.

    Immediate annuities are often selected by retirees who are looking for steady income payments to start within a short amount of time. The growth of the money 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an immediate annuity is tax-deferred, which means you aren’t required to pay taxes on this increase until the money is withdrawn.

    You have many different options when it comes to immediate annuities, which can make this choice difficult. 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. This allows us to find an immediate annuity that will best fit your needs.

    Contact Us

    Learn more about immediate annuities by talking to one of our experienced financial professionals in the Madison area. We would love to talk about your financial situation and retirement goals to decide if one of these products would be the right choice for you. Call us now to schedule your appointment.

    Kristian Finfrock

    kristian

    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.