Single Life Pension Annuities:
Protecting Your Personal Pension

Single Life Pension Annuity: The Basics

A single life pension annuity is designed to help a person plan for their own pension at retirement age. With this type of payment arrangement, your annuity would be paid out to only you as the annuitant, from the date of your retirement until your death.

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Getting Payments From Your Single Life Pension Annuity

When you set up your single life pension annuity, you will designate the date for the payments to begin, usually when you reach 59-1/2 years old. The monthly pension checks will continue until death of the annuitant, then any remaining funds will pass to the beneficiaries or heirs of the estate.

Tax Benefits of the Single Life Pension Annuity

So long as you make payments into your single life pension annuity with post-tax dollars, the only taxes due on payments received will be for the interest earned. Please remember: there are a lot of variables and frequent changes to the tax laws, so we highly recommend consulting an annuity specialist for the most accurate, up to date information.

Managing Single Life Pension Annuity Payments

Your single life pension annuity payments will be the main factors that determine the quality of your life at retirement. Although it is possible to set up and manage your pension annuity yourself, it is not recommended for most people. To maximize your earning potential and minimize tax obligations, please get a free single life pension annuity consultation today.

Joint Annuity PaymentsSingle Life Annuity Payments

Retire on the beach with a Single Life Pension Annuity!