Income Later with Deferred Income Annuities
Make decisions today to maximize your income down the road.
Use your income and assets today to create income for the future. Deferred income annuities let you create a pension-like income stream that you can depend on two years from now or further into the future. Some people take this retirement approach because of the steady periodic payouts, which can help them maintain their lifestyle after they retire. Since you’ll be getting a consistent income, you might not need to dip into your investments—and the longer you defer your payouts, the more guaranteed income you generate down the road for when you’re ready to enjoy retirement.