The three stages of life are accumulation of property, conservation of property, and distribution of property. Most people spend much of their lives accumulating and managing their assets.

When you are no longer in the accumulation period, your first concern should be adequate income for life without the possibility of running out of money. Then, consideration should be given to conserving assets, and to a plan of distribution that will minimize taxes and probate costs.

Despite inflation, good planning requires some fixed dollar income for life. Refund Annuities are an ideal fixed dollar investment.

Benefits of Immediate Annuities

• Freedom from investment worries.
• More income than other safe investments offer.
• Part of each Annuity payment is income tax-free.
• You cannot outlive the income.
• Refund Annuities return the amount invested, and often more.
• If you and your spouse do not personally recover the amount you invest under the refund plan, your heirs receive the balance.
• A refund Annuity can reduce estate taxes and probate costs.
• An annuity provides life-enhancing peace of mind.