• 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.

  • Sun Prairie Immediate Annuities

    Whether we like it or not, retirement is changing and will continue to do so. It is tough to depend on Social Security when its future is uncertain. Because of this, it’s important that people prepare now for their future. For many, immediate annuities are a product that could help them accomplish this goal.

    What Are Immediate Annuities?

    Before we can explain the details of this product, we need to talk about annuities in general. Basically, 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 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 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. 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annuities is they are tax-deferred, which means you aren’t required to pay taxes on this increase until the money is withdrawn.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 many companies out there that market immediate annuities, providing you with a lot of options. The great thing about working with Retirement Income Strategies for your retirement planning is that we are able to work with several of these financial institutions to provide our Sun Prairie customers with options. This structure allows us to find an immediate annuity that will best fit your needs.

    Contact Us

    Want to learn more about immediate annuities? Talk to one of our experienced financial professionals in the Sun Prairie 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. Please give us a call now and 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.

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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.

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    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.