• 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 Verona

    The products we rely on to plan for retirement have changed a lot over the years. While pensions and Social Security have been dependable options for retirement income, they are shifting to a point where they will only be supplemental or even non-existent. This is why it is important for people to prepare now for their retirement future. Immediate annuities are a product that have helped people accomplish this goal.

    About Immediate Annuities

    First, let’s discuss a general definition of annuities. An annuity is a financial product that functions as an agreement between an individual and a financial institution. 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. While deferred annuities do not begin until a later date, 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. Immediate annuities are tax-deferred, which means you do not have to pay taxes on this increase until the money is withdrawn.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. A great thing about choosing Retirement Income Strategies for your retirement planning is that we are able to work with many of these financial institutions to provide our Verona customers with options. This allows us to find an immediate annuity that will best meets your needs.

    Contact Us

    Meet with one of our experienced financial professionals to learn more about immediate annuities in Verona. After a simple conversation on your current finances and retirement goals, we should be able to figure out if an immediate annuity is right for you. Please give us a call today and set up 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.

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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.

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    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.