Single Life Annuities:
The 20CC Single Life Annuity
What is a 20CC Single Life Annuity?
The 20CC single premium life annuity is a single life annuity that pays out for a period of 20 years or until you die. If you pass away before the end of the 20 year term, the remaining payments are made to your designated beneficiaries. The single premium annuity is attractive to people who want to get every penny earned from their single life annuity.
Earning Interest on a 20CC Single Life Annuity
As a single life annuity, your 20CC annuity will probably be best if earning interest on fixed rate, although the risk (and potential gains) found with the variable annuity might work well with your plans. To help decide which is best for your financial future, we recommend you seek professional advice.
Immediate Payments on a 20CC Life Annuity
You can set up any type of single life annuity to pay out either immediately or, if you want the annuity to grow in value, you can defer payments to a later date. Either arrangement can be good for you, so it is usually a good idea to get counseling from an experienced, independent financial advisor first.
Setting Up a 20CC Single Life Annuity?
If you are considering setting up a 20CC single life annuity, it is a good idea to get all the facts from trusted sources. By learning all you can you will be better able to make the best decision for your financial future. Please, take a moment and get a free consultation from our counselors before setting up your single life annuity.
Get up to 8% Return with our
Forethought Bonus Advantage Annuity!
Perfect for the "over 55" generation!