If you’re looking for a way to convert a lump-sum of money into an immediate stream of income, then BetterLife’s Advantage 40 Annuity may be the right fit for you.
BetterLife’s Advantage 40 Annuity is a single premium immediate annuity. A single premium immediate annuity provides a guaranteed stream of income for a specified period of time. This period could be up to, or even beyond, the rest of your life. The annuity is purchased with a lump-sum, which is immediately converted into systematic payouts back to you. There are multiple settlement options available, providing you with the flexibility to choose one that is right for you.
*Withdrawals are subject to income tax, and most withdrawals made prior to age 59 1/2 are subject to a 10 percent IRS penalty. Guarantees are backed by the financial strength and claims-paying ability of BetterLife.
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