Immediate Annuities  

Immediate annuities turn a lump sum into an income stream. The annuitant makes a lump sum premium payment to the insurance company in exchange for a periodic annuity payment income stream. The guaranteed periodic annuity income stream is like a pension one would receive from their employer. These types of annuities are often purchased at retirement. They can be combined with other non-guaranteed investments to reduce the risk of running out of money or losing money with investments. The annuity payment income stream you receive depends on the type of immediate annuity you purchase.

There are four main decisions you need to make when choosing an immediate annuity.

1. How long do you want your annuity to last? Your lifetime, or for a specified period of time (10 years, 20 years)?

2. When you die would you like the annuity payments to end or would you like the annuity payments to continue and provide income to your spouse?

3. Would you like the income from your annuity to be guaranteed not fall below a certain minimum level. The annuity income payments can be indexed to keep up with inflation, this will protect the erosion purchasing power.

4. Are you willing to have the annuities performance fluctuate with the ups and downs of the stock market (Segregated Funds) and have the potential for capital gains?

Annuities Are Complex Products That Require Professional Guidance

When deciding which type of annuity is best suited for you Stone-Hedge Financial Group Inc. will guide you through this process.

Stone-Hedge Financial Group Inc. will provide quotes from some of Canada’s most competitive insurance companies.

The information provided on this web site is intended for general information only. It should not be construed as legal, accounting, tax or specific insurance and investment advice. Clients should consult a professional advisor concerning their situations and any specific insurance and investment matters. While reasonable steps have been taken to ensure that this information was accurate as of the date hereof, Stone-Hedge Financial Group Inc. and its affiliates make no representation or warranty as to the accuracy of this information and assume no responsibility for reliance upon it.