A TALE OF TWO ANNUITIES DEFERRED VS. IMMEDIATE

[Pages:1]A TALE OF TWO ANNUITIES

DEFERRED VS. IMMEDIATE

DEFERRED ANNUITIES

A deferred annuity will delay payments until you choose to receive them, which would typically be once you actually retire. During the savings phase, you'd put money into the account, and during the income phase, the plan would begin relinquishing your payouts, or "paychecks". KSKJ Life offers a number of deferred fixed annuity options.

We invest your contribution during the deferral period

A contribution is made today

At some point in the future, you will receive guaranteed, regular "paychecks" for as long as you are alive, for a specified

number of years, or in one lump sum payment.

IMMEDIATE ANNUITIES

Immediate annuities are best for those already in or close to retirement because they offer guaranteed income for life or a set period of time. This kind of annuity is designed to start paying income as soon as you start the policy. KSKJ Life offers a Single Premium Immediate Annuity with various payout options.

You will receive guaranteed, regular "paychecks" right away for as long as you are alive or for a specified number of years.

A contribution is made today

LEARN HOW TO GUAR ANTEE YOUR INCOME DURING RETIREMENT.

CONTACT US

Disclaimers: We are not tax advisors or financial planners. KSKJ Life does not provide investment advice and this material is not intended to provide investment advice. Not FDIC insured. KSKJ Life, American Slovenian Catholic Union, is an Illinois fraternal benefit society located at 2439 Glenwood Ave., Joliet IL 60435 Def. vs. Immed. info 07.2020

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download