What is a Single Premium Immediate Annuity

Can you earn up to 8% return in an investment?

Is it true? Is it possible to earn up to 8% pay out rate on your investment?

If you are an Arizona retiree and was told there is an investment product that is safe, has no market risk and no fees – yet could earn you a pay out rate up to 8% would you believe me?

Well, it’s true. You CAN earn up to 8% pay out rate with a SINGLE PREMIUM IMMEDIATE ANNUITY. These rates can vary and go up and down prior to locking in. As you read this article there is a chance rates and returns are different now than when this article was originally written. Please contact us for the most current rate of return information available.

A Single Premium Immediate Annuity is one of the best and safest investment products for retirees today. A recent financial planning article stated that 73% of retirees own an annuity and consider annuities vital to their retirement planning.

With No market risk & No fees, an SPIA has is becoming a hot product among retirees. A single premium immediate annuity offers something that many other older investors are looking for – safety and no risk.

The older you are the higher the pay out rate you will receive. Some older retirees can recoup up to 8% pay out rate or more each month. It’s not uncommon for a retiree to boost their monthly bottom line by up to $300 – $700 or more. Pay out rates vary based on age, gender and marital status.

….Wait, there’s more!

The best part – the payments are guaranteed level for lifetime. The payments will never decrease even if the market tanks again. That means even if the market tanks, interest rates tumble and inflation raises its ugly head your income payments will never change and never decrease.

In today’s market consumers are nervous. CD’s and savings account pay next to nothing in interest. The stock market carries risk that many investors

Get more information

Do you want to get more information on how to boost your monthly income with no fees, no risk and the payments are guaranteed level for life? Call me at (480) 659-0229.

Boost Your Retirement Income

Are you retired and interested in boosting your retirement income? Would you like to boost your retirement income by up to $300 – $700 per month with NO market risk and NO fees?

Another option is the Arizona fixed annuity. This is a safe and secure investment that won’t earn a really high rate of return but will be conservative.

Would you be excited about receiving up to a 6 % pay out rate? How about receiving up to a 8% pay out rate? Trust me, it’s not as hard as you might imagine.

Anyone in today’s economy who see’s an advertisement about a 8% pay out rate should be skeptical. Yet it is completely true.

Who wants CD’s today? They may pay 1%. Who relies upon bank savings accounts? Stock market? Sure if you don’t mind risk and that is the big rub with alot of seniors today. They are not working and have no way to replenish savings if lost in the market.

So how does earning a pay out rate up to 9% sound to you now?

What product are we referring to? A Single Premium Immediate Annuity. It is quickly becoming one of our favorite income products for retirees today. Yet, we do make one caution.

A Single Premium Immediate Annuity is not for a younger person looking to accumulate money. This product is for a retiree. And you do not want to put all your money into an SPIA. If buying an SPIA you want to have some monies in a separate account that is accessible for emergencies.

Contact me today if you have questions or want to learn more.

Most investors of any kind have lost money in just about every type, especially over the past five years.

There are some investments though that do not lose money – fixed annuities and equity indexed annuities.

FIXED ANNUITIES: Pays a fixed interest rate that is usually more than a CD or bank savings account. Interest is usually tax deferred, which is great considering tax rates are likely to only go up.

EQUITY INDEXED ANNUITIES: Pays you a rate of return usually somewhere between 0% and up to 8% or so. If the market tanks and loses 10%, 20% or whatever this type of investment simply pays you zero. Wouldn’t you rather earn 0% than lose money? If the market goes gangbusters and earns 10%, 20% or more you have a cap earnings of 8% or so. These investments are usually tax deferred, which is great considering tax rates are likely to only go up.

Single Premium Immediate Annuity:You surrender a lump sum of money to the insurance carrier. In return they provide you a monthly check for a certain time period in years or even the rest of your life. The longer you live the better the return for you. In some SPIA’s you give up your monies completely if you die. However, that may not always be the case as there are different products. A SPIA can provide you a much higher pay out rate than most investments today with no risk and no fees.

If you have money invested somewhere else are you are uncertain about the future, please call us for details on a fixed annuity and/or equity indexed annuity.


P.S. Pay out rates shown above will vary depending upon age, gender and marital status. The older the age the higher the pay out rate, generally. An SPIA investment has no fees and zero market risk.

Are Fixed Annuities Your Answer?

You still want to save money for the future, toward retirement. But where do you feel it is safe to put money in this economy? Not the stock market.

There is one place.

Fixed Annuities.

This is a product backed by an insurance company and pays an interest rate (typically) much higher than CD’s or savings accounts. Some Fixed Annuities pay 3% or higher right now.

There is really very little downside to a Fixed Annuity. If you have money sitting in an account and you do not plan on using this money, consider talking to us about a Fixed Annuity. It’s a great place to store your long term savings.

You may not be familiar with a fixed annuity. It is a product where you can place your money and receive an interest rate.

Is it like a savings account? Not exactly but it usually pays a higher interest rate than a savings account

A Fixed Annuity is often a great investment vehicle for someone who wants to park money in a safe place where the volatility of the market won’t affect their value as much.

If you are nervous or scared about the market, mutual funds and you want to put your money in a safer investment with little to no risk, contact us today. We offer Fixed Investment products like Annuities.

Call us today to discuss if a Fixed Annuity in Arizona can help you keep your money safer.

If you are like many, you are wondering what happened to your mutual fund or stock investments. Many Americans watched helplessly as their mutual funds sank like a rock. And even more people are curious as to where to place their investments to find a secure rate of return.

You should give a FIXED ANNUITY a good look as an alternative.

A fixed annuity carries NO market risk. The rate you receive is locked in for the duration of the contract. We will shop around with numerous fixed annuity carriers to help you find the best fixed interest annuity rate. And Fixed Annuities typically pay a higher rate of interest than C.D.’s. If you are someone who has deposited money into C.D.s you should let us give you a comparison.

Contact us today if you are an Arizona resident. We would love to show you how to lock in a rate of return that you do not have to worry about.

You still want to save money for the future, toward retirement. But where do you feel it is safe to put money in this economy? Not the stock market.

There is one place. If you want more information please let us know.

During these past few years just about everyone has wondered about the viability of retiring – if they will be able or when. The economy is simply not in good shape and the next 3-5 years may be just as difficult.

If you are wondering about your investments or your overall retirement plan there is a solution. Or, at least someone I highly recommend to give you answers.

Give me a call and I will tell you about a friend of mine who handles our accounts. I trust this person with my life. He is the person I will rely upon to guide my wife should something happen to me.

No one can predict the future. But the best you can do is rely on someone who is experienced, works for a top rated company, has excellent products at their disposal and has a reputation for doing the right thing for their clients.

This is my friend in a nutshell.

Now is a great time to consider starting a Roth IRA Account. Your deduction can be tax deductible. If you already have a Roth or other IRA but are not satisfied, please contact us.

The Roth IRA specialist we recommend can help you design a plan tailored to your investment risk and needs.
My wife and I met with a retirement planner in 2010. This person really helped us sort out our financial goals and plans for the future. No matter how organized you may believe you are it is highly recommended that you use someone licensed and experienced in helping people with their finances and retirement planning.

Our financial planner has been in the investment and insurance field since about 1994 and has helped hundreds and hundreds of Arizona clients.

While we will not list their name here because of confidentiality reasons, we are happy to give you their name and phone number if you call our office.

If you have a current financial planner – when is the last time you met with them? If you never have met with a financial planner but are curious to know what advice and direction they can offer please contact me for more information.

I can guarantee you that our financial planner is open and honest. He is trustworthy. He will give you sound and solid advice. And he has access to some of the best investment products on the market if you have the need.

Call me.

Gary Brown, Agent
(480) 659-0229

P.S. Just a disclaimer that I am not securities licensed and receive no compensation for recommending or referring our financial advisor. I only believe he is excellent in his field and trust him to help my clients.

P.S. S. Choice Insurance of Arizona provides NO investment advice, NO counseling and NO investment products. However, we highly recommend someone who does.

Gary Brown, Agent
(480) 659-0229

Maximize Your Retirement Income Today

How would you like to earn up to 9% Pay Out Rate on your retirement income with NO risk and NO fees? It’s true and we are helping clients boost their monthly retirement income and giving them peace of mind at the same time.

A Lifetime Income Annuity is considered one of the safest and most reliable investment products for retirees today. There is no risk and zero fees associated with this product.

What are your common investment options?

  • Stock Market
  • Bonds
  • CD’s
  • Bank Savings Accounts
  • Lifetime Income Annuity

    The stock market is a bit too risk for the tastes of many retirees today. Bonds carry inflation risk – if inflation takes off bond returns will likely decrease. CD’s and bank savings accounts pay nearly nothing in interest. These options have never been more un-desirable for retirees.

    One of the above investment products offers 1) lifetime income payments that are guaranteed and will never decrease as long as you live, 2) has no market risk since the product is not involved with the stock market and 3) has no fees. The correct answer of course is the Liftime Income Annuity.

    What is a Lifetime Income Annuity?

    A lifetime income annuity also goes by the name single premium immediate annuity. This product is handled by insurance companies. We compare pay out rates on your behalf to find the highest pay out rate with a top rated and top ranked insurance company. This product is not bank guaranteed, like a CD, because it is sold by insurance companies. Which is exactly why we only represent the highest rated insurance companies to provide you with security and peace of mind.

    Does this provide me a check for life?

    A lifetime income annuity will pay you a monthly check as long as you live. If you are married it can pay you AND your wife a check as long as you both live. This product offers an optional feature (which I usually recommend) that, should you die, will pay any unused monies to your beneficiaries.

    Are there any downsides to a lifetime income annuity? There is one. The monies you put into this product are set in stone; you cannot access other than the regular monthly check you will receive for as long as you live. The money in this account cannot be accessed – you give up that right, and in return the insurance company agrees to send you a monthly check that will never decrease as long as you (and your spouse) live.

    The above caveat is the reason we usually recommend clients only invest a portion of your total retirement account into a lifetime income annuity. You still likely need money for emergencies and other flexible reasons and need to set monies aside that are more readily accessbile. But a lifetime income annuity is a great way to boost your retirement income and help you maximize your retirement income.

    How do I determine my pay out rate?

    Pay out rates are determined by gender, age and marital status. Some clients earn up to a 6% pay out rate while others may earn 9% or even higher. The older you are when you apply for this account the higher your pay out rate. But once you have secured a lifetime income annuity the pay out rate and your monthly check is guaranteed and will never decrease as long as you (and your spouse) live. Once we know your pay out rate and the amount of your investment we can calculate your monthly income. Call our office to find out exactly what your pay out rate will be.

    The minimum investment varies by company. However, we usually require at least $20,000 as a minimum investment in order to generate you a decent monthly income.

    Please call our office and inquire about a lifetime income annuity. We can let you know your pay out rate and how much income this investment product will earn you. I look forward to hearing from you.

    Gary Brown, Agent/Owner
    (480) 659-0229

    P.S. We are not securities licensed and do not sell securities related products. Neither do we offer any type of securities related investment advice. However, we do offer fixed investment products that carry little to no risk, such as the lifetime income annuity.