Options

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
The Stable Value Option in The Church Pension Fund Retirement Savings Plan (RSVP)
Group deferred annuity
Pension plan contributions over time
You are an RSVP plan participant and want to invest in a fund that provides relatively stable, tax-deferred growth over the long term
Stable Value Option in The Church Pension Fund Lay Defined Contribution Plan (DC Plan)
Group deferred annuity
Pension plan contributions over time
You are a DC Plan participant and want to invest in a fund that provides relatively stable, tax-deferred growth over the long term

 

 

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

Annuities and IRAs Disclaimer

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