Types of Lifetime Income Guarantee Products
Choose the Right Product for Your Retirement
Fixed Annuities
Fixed annuities provide guaranteed, predictable payments for life, making them a safe and reliable option for retirement income.
Variable Annuities
Variable annuities offer the potential for higher returns by investing in a range of sub-accounts, similar to mutual funds. These come with the option of a lifetime income rider to ensure steady payments.
Indexed Annuities
Indexed annuities earn interest based on the performance of a specific market index, offering growth potential along with the security of guaranteed lifetime income.
Benefits of a Lifetime Income Guarantee
Why Choose a Lifetime Income Guarantee?
Guaranteed Income for Life
Receive a steady income stream for the rest of your life, ensuring financial stability and peace of mind during retirement.
Protection Against Longevity Risk
Avoid the risk of outliving your savings and ensure you have the financial resources you need for as long as you live.
Flexible Payment Options
Choose from various payment options, including monthly, quarterly, or annual payments, to suit your financial needs and preferences."
Tax Advantages
Benefit from potential tax advantages, as the income from certain lifetime income products may be tax-deferred.
How Does a Lifetime Income Guarantee Work?
Process Description:
- Purchase:
Purchase a lifetime income guarantee product, such as an annuity, with a lump sum payment or a series of payments. - Accumulation Phase:
During this phase, your investment grows on a tax-deferred basis. The length of the accumulation phase can vary based on the terms of the product. - Income Phase:
Once you reach the income phase, you start receiving regular payments that continue for the rest of your life. The amount of income depends on factors such as your initial investment, the terms of the product, and your age at the start of the income phase. Our Lifetime Income Guarantee Solutions:
At Joy Enterprises, we offer a range of lifetime income guarantee products tailored to meet your retirement goals. Our experienced advisors will work with you to select the right product and create a personalized strategy to ensure you have a secure and comfortable retirement.
- Purchase:
“Joy Enterprises helped me secure a lifetime income guarantee that has given me peace of mind knowing I have a steady income for life.”
Contact Info
-
2227 Bel Pre Rd, Suite 144
Silver Spring, MD 20906 - (301) 379-6187
- IUL101@joyenterprises.us
- Mon - Sat 09:00 - 17:00
Ready to Secure Your Retirement?
Contact Us to Learn More About Our Lifetime Income Guarantee Solutions
