Choose an immediate annuity for quicker payment
For a retirement plan offering quicker turnaround for payments, choose an immediate annuity.
Generally, an annuity can be built up through regular payments to the provider over a longer period of time. An immediate annuity tends to take a larger upfront amount and start the turnaround more quickly.
However, providers still require time to invest your immediate annuity to adequately cover your retirement. You may find that a drawdown income is another good option for you if you need money quickly.
Choose the best immediate annuity on the market by comparing annuities with Confused.com.
Confused Annuities is provided and administered by Premier Retirement Services which is a trading name of JLT Benefit Solutions Limited, who are authorised and regulated by the Financial Services Authority. A member of the Jardine Lloyd Thompson Group. Registered Office: 6 Crutched Friars, London EC3N 2PH. Registered in England No 02240496.