Create a simple, straightforward retirement income that works like your own “personal pension”
You may have some of the following concerns about your income in retirement. Will you have enough income to cover your expenses? Will you have a steady reliable income no matter what is happening in the market? Can you keep up with inflation and increasing healthcare costs? A RiverSource® immediate annuity offers the powerful combination of protection, tax deferral and guaranteed income in retirement that can help reduce retirement income uncertainty.
What is an immediate annuity?
An immediate annuity provides a specific amount of income for the rest of your life or for a specified length of time, in exchange for a lump sum payment. An immediate annuity creates guaranteed income that works like your own “personal pension.” An immediate annuity may be right for you if you are near or in retirement and want the security of a steady and guaranteed income.
An immediate annuity provides:
Fixed income payments for a set period or the rest of your life
Payments which start immediately
Immediate annuities are a straightforward and simple way to create guaranteed income in retirement.