Why get the Single Premium Immediate Annuity?
- At retirement, a single premium is paid from the accumulated retirement savings to guarantee a lifetime stream of payments.
- Our single premium immediate annuity can be a fixed annuity or a variable annuity.
- In a fixed annuity, the payout is a fixed amount each period while with a variable annuity, the payout is linked to the performance of a mutual fund.
Top up is allowed
Flexibility on payouts monthly, quarterly, biannually or annually
Control of how much you draw down
Guaranteed lifetime income fund
Tax free for retirees over 65 years of age