Single Premium Immediate Annuity
You've spent a lifetime growing your retirement savings. So now that you have these funds, the decisions you make about how to manage them for the rest of your life are even more important. Ultimately, how do you ensure that you don't outlive your money?
With a LifeSource Plus® single premium immediate annuity, you can convert a portion of your assets into a steady stream of income for a lifetime. You make a one-time payment into your annuity, and your annuity provides a guaranteed income stream for a certain number of years — or for life — depending on your payout option.