An immediate fixed income annuity is available through The Fidelity Insurance Network. Learn how this annuity can provide a definite stream of income for life or a set period.

Apr 30, 2025 · Individuals typically buy immediate payment annuities by paying an insurance company a lump sum of money. The insurance company, in turn, promises to pay the …

Mar 5, 2025 · With an immediate annuity, the income payments begin within a year of purchasing the contract, and many start right after you sign up. Because there is no delay in collecting …

Mar 20, 2025 · An immediate annuity is a contract to provide a guaranteed stream of income that starts right away (or within 12 months) from a single lump sum that you pay to the insurance …

Dec 4, 2025 · An immediate annuity converts a lump-sum contribution into a guaranteed income stream, starting within a year, for a specified period or a lifetime.

Sep 3, 2025 · Fixed immediate annuities provide a set amount of income that remains constant throughout the annuity's term. These payments are guaranteed by the insurance company and …

Dec 10, 2025 · Explore our complete guide to immediate annuities including payouts, customization, safety, taxes, and links to detailed pages for each topic.

Also known as a Single Premium Immediate Annuity (SPIA), this is a financial product sold by insurance companies that allows you to convert a lump sum of money into a guaranteed, …

With an immediate annuity, you can provide guaranteed income for life or a set period of time. You can begin taking income immediately or defer your payments for up to a year.

Dec 18, 2025 · An immediate fixed annuity represents a fixed sum of money paid to someone each year, typically for the rest of their life. Modern annuities are financial contracts between …