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Name

Type of Annuity

How Funded

May be right for you if:

Preservation Single Premium Annuity (SPDA)

Deferred

Single premium

You want to invest a lump sum that has time to grow before you retire

Secure Select Flexible Premium Annuity (FPDA)

Deferred

Flexible premium

You want to start saving and will make multiple deposits over time

IRA (Individual Retirement Annuity)

IRA

Pre-tax contributions over time; can be opened with either an SPDA or FPDA

You want to put pre-tax dollars toward retirement and have your money grow tax-deferred (income restrictions may apply)

Roth IRA

IRA

After-tax contributions over time; can be opened with either an SPDA or FPDA

You want to enjoy tax-free income in retirement (income restrictions may apply)

LifeStream Income Immediate Annuity

Income

Single premium

You are in or near retirement and want to turn a lump sum into a periodic stream of income

 

 

Annuities are offered by Church Life Insurance Corporation, 19 East 34th Street, New York, NY 10016.

Annuities and IRAs Disclaimer

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