Lump Sum Pension Plan Options

Annuity Rollover IRA

An Annuity Rollover IRA is an attractive strategy to continue tax-deferred growth and gain more control and flexibility over your retirement funds when you leave a job.There are two types of rollovers: A DIRECT ROLLOVER-occurs when you transfer your assets from your previous employer-sponsored plan directly into a Rollover IRA. An INDIRECT ROLLOVER -is when your employer-sponsored plan issues a check payable to you and you distribute the money to an IRA within 60 days from the day that you receive the check.

There are many benefits of a Annuity Rollover IRA

• A guaranteed minimum of income every year of life, even if market losses completely deplete the account.
• Guaranteed increases, during the accumulation years, in the amount that will be used to calculate income.
• Potential Growth from market gains, which are locked in annually.
• Protection of retirement income from market downturns. (In fact , individuals may choose to remain invested in the market longer , and/or more aggressively , than otherwise, due to protection afforded by the guarantees.)
• Access to principal-with no loss of control.
• Wealth Transfer-any amount remaining in the account after the retiree dies may be passed to heirs.

Annuity Rates and Benefits   Risk and Reward Video   Guaranteed Income for Life Video

Pension Maximization