• 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

    No matter what we prefer, planning for retirement is changing and will continue to do so. It’s tough to bank on Social Security when its future is in doubt. This is why it is important for people to prepare now for their retirement future. In order to reach this goal, many have chosen immediate annuities.

    About Immediate Annuities

    First of all, it’s important to understand annuities in general. At its base level, an annuity is a financial product that functions as an agreement between an individual and an insurance company. On one side, the annuity owner makes a lump sum payment to the company. On the other side, the company agrees to make regular payments back to the individual at a later time. There are two basic types of annuities, deferred and immediate, that determine how these payouts occur. While deferred annuities don’t begin until a later time, immediate annuities can start immediately.

    Immediate annuities are often chosen by those who want steady income payments and need them to start soon. 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an immediate annuity is tax-deferred, which means you aren’t required to pay taxes on this increase until the money is withdrawn.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 numerous companies that sell them, there are several options when it comes to immediate annuities. By working with Retirement Income Strategies, you’ll gain access to many of these companies and have options available as you select a Madison immediate annuity. Because of this, we’re better equipped to find an annuity that meets your needs.

    Contact Us

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

    » Learn How

    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.