Annuity Benefits

Annuity benefits refer to the financial payments received regularly, typically after retirement, in exchange for an initial lump sum or series of payments. They provide a steady income stream that can help cover living expenses, offering financial security over time. Annuities can be customized to include options like survivor benefits or inflation adjustments. Essentially, they function as a personal income plan designed to ensure consistent cash flow, reducing the risk of outliving your savings and helping you manage your long-term financial needs with confidence.