Immediate Annuities
Immediate annuities (also known as "income annuities") are financial products that can ensure that you'll have an income for as long as you live and are frequently used as a solution for funding retirement. Serving as a kind of personal pension plan, an immediate annuity lets you convert a lump sum of money into a stream of guaranteed¹ payments. Your payments may be fixed or they may fluctuate in value depending on the type of income annuity you choose.

How long the payments last depends upon the payout option that you select. Income payments can continue for the life (or lives) of the annuitant(s), for a certain period of time, or for a combination of the two.

If you are looking for a financial product that can ensure that you'll have an income for as long as you life, consider an immediate annuity.

Questions? Call 1-800-896-2645 today to find out more information on any of the annuity and insurance products made available by Dreyfus.

1. Guarantees are based on the claims-paying ability of the issuing insurance company.

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