Annuities for Any Budget

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Some people think that annuities are expensive, that you need to have thousands of dollars in the bank to buy into an annuity. While there are some annuities that require a large single payment, Rossbacher Insurance offers many other options that can fit into many budgets:


  • Flexible Premium Deferred Annuity (FPDA): Think of the FPDA as the “pay as you go” model of annuity. Rather than a large single payment, this annuity is funded over time with either scheduled or intermittent payments into your account. This allows you to fund the account slowly without a large initial payment, and can be a great choice for building a retirement account. You can enter a FPDA for as little as $300.
  • Single Premium Immediate Annuity (SPIA): If you need an immediate source of income, an SPIA may be right for you. It does require an initial payment, but you begin receiving income right away with no waiting. These payments can be limited to a certain period of time, or can keep paying out for the rest of your life.
  • Single Premium Deferred Annuity (SPDA): If you have $10,000 or more to invest in your future, an SPDA is an option. Choices include 3, 5 or 7-year guaranteed payout terms. Depending on the amount of the deposit, there may even be a first year bonus.


Don’t be scared away from annuities because you don’t have thousands to invest. Call us today, and let’s talk about whether an annuity fits your needs and your budget.

Surrender charges and other penalties may apply to early withdrawal of principal.  See policy for details, or call us to discuss.

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