How much will that immediate annuity you are considering buying pay once the annuity payout phase begins? Before you buy the immediate annuity, you’ll want a very good idea of how much you will receive monthly in payments, so you can adjust your other finances accordingly. You can gather a firm estimate of what your immediate annuity will be paying using AnnuityForLife.com’s immediate annuities calculator.

Immediate annuities offer peace-of-mind by providing guaranteed income for life for retirees. Immediate annuities are also tax-advantaged, meaning that you’ll only pay taxes on a portion of your monthly payments, because a percentage of your payments are considered a return of your original premium deposit. Unlike a savings account or a CD, where you will be responsible for paying taxes on the entire year’s interest earnings, the tax treatment of immediate annuity income can be advantageous. These tax savings strategies can be demonstrated by using AnnuityForLife.com’s immediate annuities calculator. You can also adjust the calculator to account for various payment preferences, such as period certain options that guarantee payment for a set number of years, or joint and survivor options, that pay your beneficiaries if you die.

Using an annuities calculator gives you a great idea of how much you’ll get every month with an immediate annuity. Annuities calculators, however, are no match for speaking to a qualified Annuity Specialist. Our Annuity Specialists have access to the latest immediate annuity rates and quotes. They also have powerful software that compares different annuity products to ensure that you get the perfect immediate annuity for your individual situation.

Having an idea of what your immediate annuity will pay you makes it easier to buy in the present, something that you can’t predict with other types of investments. To take advantage of the AnnuityForLife.com’s annuities calculator, please visit http://www.annuityforlife.com. After determining an estimate, call our Annuity Specialists at 1-888-261-6237 to get a free, personalized immediate annuity quote.