Income Solutions® is a lifetime income platform that allows you to convert part of your 401k, IRA or other Qualified Plan account into a monthly paycheck for life.
This conversion process involves an annuity, which provides guaranteed income for life. Traditional annuity products typically have high commissions embedded in the annuity. Income Solutions® offers reduced costs and a competitive quote process, which generally results in higher monthly income payments to you.
You can even choose to purchase an annuity option which allows the balance of the annuity to be paid to a beneficiary upon your death.
Income Solutions® is a web-based retirement annuity program that allows you to create a steady guaranteed income stream for life.
Why Lifelong Income is Essential
For Today's Retirees
One of the biggest challenges facing today's retirees is the risk of living longer than they had ever anticipated. Due to advances in medical care and an emphasis on healthier lifestyles, life expectancy in America has increased substantially.
Living longer, healthier lives is certainly an exciting proposition, but ensuring that your retirement savings will last 20 to 30 years, and possibly longer, is the challenge. Today nearly half of males age 65 will live beyond age 85 and for women the numbers are even greater. For couples age 65, at least one person has nearly a 50% chance of living beyond age 92. With life expectancy increasing, income sufficiency becomes a critical part of successful retirement planning.
If you are concerned about outliving your retirement assets or want to ensure you will have sufficient income to last throughout your retirement years, you may want to explore converting part of your retirement savings into lifelong income.
Take Control of Your Retirement
with Income Solutions®
The Income Solutions® web-based annuity program was designed to help you reduce the risk that you will outlive your retirement assets. The program provides the tools, education, and application necessary to easily convert a portion of your retirement assets into a steady income stream for you, and possibly your spouse, for life. You can even choose to have a return of your money to your heirs should you die too soon. Since Income Solutions® is offered by your affiliation in a group, the advantage is yours to possibly realize significantly more income over your lifetime.
How Does Income Solutions® Work?
The Income Solutions® web-site allows you to take control of your financial future with tools and calculators to assist with this critical question and decision – How can I make sure I do not run out of money once I retire?
An easy to use income calculator is one of the most commonly used tools. This calculator will help you estimate how much monthly income you can anticipate for the lump sum amount you wish to deposit. The calculator can also be used to help determine the lump sum amount needed in order to obtain a specific monthly income. Of course, we are here to assist you with the process, should you need us. Refer to the phone number provided to you and call should you need help at any stage.
