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 Immediate Annuities 

Immediate annuities help provide a secure and guaranteed* way to turn retirement savings into retirement income. You invest your money with an insurance company and in return you’re guaranteed a steady stream of income for life, or for a period of time that you specify. An immediate annuity provides a secure, tax-advantaged way to receive income from assets. With this type of annuity, income payments usually begin soon after the immediate annuity is purchased. Retirees often purchase a single premium immediate annuity with funds received from 401(k) plans, IRAs, saving accounts, the cash value or death proceeds from life insurance or the proceeds from the sale of a home.

Learn more about fixed annuities, equity indexed annuities and variable annuities.

Contact a Financial Consultant to learn more

Annuities are long-term, tax deferred investment vehicles designed for retirement purposes. *Guarantees are based on claims paying ability of the issuer. Withdrawals made prior to age 59 ½ are subject to 10% IRS penalty and surrender charges may apply. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal.


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Securities and Insurance products offered through LPL Financial and its affiliates, Member FINRA / SIPC. International Bank of Commerce is not a registered broker dealer and is not affiliated with LPL Financial.

NOT A DEPOSIT | NOT FDIC-INSURED | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | NOT GUARANTEED BY BANK | MAY LOSE VALUE

This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. LPL Financial Services’ U.S. registered representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.