Saving for retirement.
When you’re going to retire more than a year from now.
When you don’t need an income stream immediately.
Can be converted to an income annuity after one year.
May offer an additional bonus benefit to help offset market losses.
You can use or 401(k) rollover, IRA to fund a deferred annuity.
You can use non-qualified monies to fund a deferred annuity.
See FAQ for more answers to your questions.

When To Use An Income Annuity:
An immediate guaranteed stream of income now in exchange for a lump sum of
money. A pension is an example of an immediate annuity.
Your income is guaranteed never to go down, however it may not keep up with
inflation.
There are different payout options depending on your individual
circumstances.

Before investing, consider the investment objectives, risks, surrender
charges, and expenses of the annuity before investing.
Guarantees of the annuity are subject to the claims-paying ability of the
issuing insurance company.
Additional fees may apply to annuities. Annuity gains are taxed at ordinary
income tax rates when withdrawn. Taxable amounts withdrawn from an annuity
prior to 591/2 may be subject to a 10% IRS penalty.

Additional bonus benefits may have a longer surrender charge term. Some
bonuses are vested immediately, some are vested over time. Choose
carefully, and make sure the annuity is carefully aligned to your investment
goals.