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AnnuitiesTalk to an Advisor about Annuity Options

If you're concerned about having a regular income after you retire, consider investing in an annuity. When you pay into an annuity, either in regular payments or in less regular, larger sums, you will be ensured a regular income after you retire, for the duration of your life. If the security of having income for the rest of your life sounds appealing, provide SimplyFinance with a little information, and one of our investment specialists will contact you to discuss the possibility of investing in an annuity. More info

Quick Annuity Basics

  • To invest in an annuity, you need to pay a lump sum, not monthly payments like with other types of investments.
  • Annuities pay out in either regular, monthly payments (like a normal income) or in larger, less frequent payments.
  • A Compulsory Purchase Annuity is one of two types of annuities. This type of annuity is treated as taxable earned income, and it is purchased from a pension scheme.
  • A Purchased Life Annuity is the second type of annuity. This type of annuity is subject to lower tax rates because the annuities are purchases with personal funds.

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