Annuity Income Options

Annuities offer you several options for receiving your income. It is usually paid to you monthly. The most common options are:

Life Annuity
The company will pay you an income for as long as you live.

Period Certain Annuity
The company will pay you an income for a specified amount of time (5 years, 10 years, 20 years, etc.)

Life Annuity with Period Certain
The company will pay you an income for as long as you live, but if you die before the period certain that you choose, the income will be paid to a survivor you designate until the end of that period.

Joint and Survivor Annuity
The company will pay an income to you during your life, and after your death will pay a percentage of that income (50% or 75%, for example) to a survivor you designate during his or her life.

For help in deciding what type of insurance best meets your goals and objectives please call us at 1-800-392-3009 to schedule an appointment with a Financial Advisor  today. Or visit us at any of our branches.

People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available through People's Securities, Inc. (member FINRA and SIPC), a subsidiary of People's United Bank.