Guaranteed Retirement Annuity Income For Life
Get a regular income payment guaranteed.

76 million baby boomers born between 1946-1964 will need a retirement income!

With unprecedented longevity, how will boomers create a secure and comfortable retirement without the fear and risk of outliving their money?

There is only ONE way to GUARANTEE you will not outlive you money:

A Single Premium Immediate Annuity (SPIA) guarantees you will never outlive your income. The SPIA provides a regular, guaranteed income payments for life. The SPIA is the only product that guarantees you will never outlive your retirement income. Let FSD show you how to become an annuity income specialist.

Immediate annuities are usually purchased for the following reasons:

1. to provide a guaranteed retirement income that can not be outlived
2. RMD at age 70½, when IRS Required Minimum Distributions become necessary from IRAs and other qualified plans
3. to guarantee a regular and specific income need, such as the funding of life insurance, child support payment, divorce settlement payments or structuring business buy out sales.
4. supplement income from Social Security
5. provide financial income stability in the event of a long-term illness or nursing home stay

• The number one problem facing seniors today is the risk of outliving their money.  Several factors affect the situation including longer life spans, lower interest rates and the terrible fact that too many seniors have lost too much money over the last few years due to the drop in the stock market.  Many seniors still possess enough assets to insure a guaranteed lifetime income at levels which provide a decent standard of living – one which they can’t outlive.  The solution is of course, the lifetime annuity.  I am a huge advocate of the lifetime guarantee income immediate annuity..

The Single Premium Immediate Annuity (SPIA) is a contract issued by a life insurance company. The annuity is purchased with a single premium payment which guarantees to provide regular income payments to you and/or other persons. The SPIA is an immense product in that it guarantees you will never outlive your retirement savings, no matter how long you live. And in addition to the tax advantages and convenience of SPIA's, you can select the frequency and guarantee periods of your income payments from a variety of income plans:

Annuity and Tax Consequences

• Non-qualified or "after tax" monies used to purchase annuity income have something qualified plans do not. The Exclusion Ratio or amount of the annuity payment that is not subject to income tax since it is considered to be a return of not only interest but of original principal "cost basis". The cost basis is the original investment and is not subject to income tax when distributed from a Personal Income Annuity.
• The exclusion ratio is determined by the amounts of principal and interest being returned. An account with a large amount of credited interest will have a lower exclusion ratio than a mostly principal payout.
• For example, if a 60 year old male with $100,000 and a cost basis of $50,000 purchases an annuity income for life the payment would be $582 per month of which 29.6% would be tax free.
• If that same 60 year old had a cost basis of $100,000 the payment is still $582 per month however, the exclusion ratio would be 59.2%.

Our Mission:
It is simple! Providing the highest guaranteed income from the most secure and highly rated insurance companies. As a completely independent entity, SPIA Quote.com will provide an impartial recommendation based on pricing and carrier strength. If your health has been an issue, an underwritten age rated immediate will allow the insurance carrier to pay higher income due to the shortened life expectancy. For a quote call (800) 373-9697 or fill out our on-line quote request form.