FPDA Flexible Premium Deferred Annuitiy

FPDA Annuities

Today life can change at a surprisingly fast pace. That is why flexibility is so very important. A Flexible Premium Deferred Annuity (FPDA) offers you guaranteed retirement income with the flexibility for you to make additional contributions as frequently or infrequently as you wish, within certain limits.

What is a flexible premium deferred annuity?

A Flexible Premium Deferred Annuity (FPDA) is a type of individual annuity contract issued through a life insurance company and is used to accumulate funds for a long-term objective, such as retirement. The interest earned on a Flexible Premium Deferred Annuity will accumulate tax-deferred and generally, is not taxed until withdrawn. Because you are not taxed annually on your FPDA interest earnings, you have 100% of your money working for you. In addition, your interest compounds year after year, until you withdraw the funds.

FPDA (Flexible Premium Deferred Annuity) is a contract sold by an insurance company under which your premium payment frequency (monthly, quarterly, semiannually, yearly) may vary as you wish and the amount of each additional premium payment FPDA annuity (usually subject to a minimum of $100) may vary.

Book a Phone Appointment now

CLICK THE BOOKNOW Button Above

This FPDA (Flexible Premium Deferred Annuity) contract pays a monthly (or quarterly, semiannual, or annual) income benefit for the life of a person (the Annuitant) for the lives of two or more persons, or for a specified period of time. These FPDA income payments are scheduled to begin at a specified later date. The FPDA annuitant can never outlive the income from the annuity.

FPDA flexible premium deferred annuity While the basic purpose of life insurance is to provide an income for a beneficiary at the death of the insured, the FPDA annuity is intended to provide an income for life for the FPDA annuitant.

Get the flexibility of making Flexible Premium Deferred Annuity contributions whenever you decide to make them, tax-deferred cash-value growth, and a guaranteed retirement income with a flexible-premium deferred annuity.

Please do not hesitate to contact us today for more information about our FPDA Annuities at 866-392-INFO (4636)

The information provided is not written or intended as tax or legal advice. Our representatives are not authorized to give tax or legal advice. Individuals and business owners are encouraged to seek professional advice from their own tax or legal counsel.