The Twist in Annuities

Immediate Annuities

Christopher Primus

12/1/20251 min read

photo of white staircase
photo of white staircase

Let’s start with the anomalous, Immediate Annuities. These annuities have the distinction of starting to pay out within a year of inception. They are formatted as Single Premium (Payment) for the contract to take effect. Like most annuities it can be part of a bigger strategy, for example if person(s) has gained a lot of money and wants to place the money where they don’t manage it. Again, look into this product with the help of tax advisor and insurance agent- they should do a review with you of financials / goals for life.