THREE SHORT STEPS TO DECIDE, DESIGN AND FIND YOUR BEST DIA ELECTION.
INVESTORS LIKE YOU
Decide
Whether DIA is right for you.
YOUR DIA
WHAT is a Deferred Income Annuity (DIA)?
Deferred Income Annuities, often referred to as “longevity annuities”, provide Guaranteed Income that starts at a future date selected by you. Most DIAs available for personal savings offer the same payout options as do Immediate Annuities.
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WHAT are specific benefits of a DIA?
Tax Savings: With a DIA, taxation is deferred until you begin receiving Guaranteed Income payments at a time when you may be taxed at a lower rate. A portion of the cost basis of your premium is excludable from tax. If you request an annuity quote in Step 3, you will see how insurance companies calculate the taxable amount.
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What are some sources for DIA premiums?
Various types of savings and personal funds can be used to purchase a DIA, including:
• Cash value of deferred annuity
• Life insurance proceeds for which you are the beneficiary
• Proceeds from the sale of a business, or real estate
• Proceeds from an inheritance or divorce
• Redemption or sale of fixed income investments.