Annuity Distribution Request - Trinity Life Insurance Company 2025

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Annuities offer some compelling benefits for investors, like guaranteed lifetime income, protection from market downturns and tax deferral. Because of these unique features, annuities sometimes have surrender charges and fees that can impact your returns and require you to give up control of your money.
An annuity is a written contract typically between you and a life insurance company in which the insurance company makes a series of regularly spaced payments to you in return for a premium or premiums you have paid. An annuity is not life insurance. A life insurance policy provides benefits to your family if you die.
You can get a lump sum of money from an annuity by cashing it out or by selling the payments. Most deferred annuities can be cashed out if you havent started receiving payments. Annuities you can cash out include variable annuities, fixed annuities and fixed index annuities.
Examples of an Annuity An individual makes a single premium payment to an insurance company into an immediate annuity, such as $200,000. They then immediately receive regular payments such as $5,000 a month for a fixed time. The payout amount for immediate annuities depends on market conditions and interest rates.
Member-only annuity Defined Benefit Supplement account balanceAge 50Age 65 $10,000 $62 $71 $15,000 $93 $106 $20,000 $124 $142 $25,000 $155 $1776 more rows
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People generally buy annuities to have a retirement income or to build savings for another purpose. You can buy an annuity from a licensed life insurance agent, insurance company, financial planner, or broker. You should talk to a financial adviser about your needs and goals before you buy an annuity.
Trinity Life Insurance Company holds an A+ rating from the Better Business Bureau (BBB), reflecting strong customer satisfaction and reliability.
PayoutsWhile life insurance pays the death benefit in one lump sum, annuities typically pay benefits monthly over time when annuitized. BeneficiariesWith an annuity, you (and in some cases your spouse) are the primary beneficiary, so you receive all income payments.

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