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Kelly Ramsdale & Associates, Inc. is a different kind of firm. We are not financial planners or money managers. We are settlement and income planners.  Our goal is simple—to keep our clients’ money safe.

In their world, financial planners are focused on growing money and seeking the largest returns possible, some with risks that many people are simply not comfortable with. In the settlement and income planning world, money tends to come from lawsuits, divorces or other situations where stable income can be a matter of financial life or death. Our clients aren’t comfortable on Wall Street. They want income they know they can count on.

Since 1999 we’ve seen many financial market plunges and so have the people who come to us for advice. They want to know that no matter what happens in the financial markets, their income plans will remain constant. Through the creative use of annuities, we can address those critical income needs, whether it’s lifetime income, child support, college funding, or other individual financial goals.

Financial planners and money managers will tell you that your money can do so much better in the financial markets, and yes, you probably could. But, you can absolutely do much worse. Rates of return on annuities are comparable to other products in the lower-risk class of investments, such as bonds, and will
typically produce a much better rate of return than a savings account or a CD.

Nothing in life is without risk, which is why we only use the largest and most secure annuity carriers in the country. Annuities have been around for hundreds of years. Their main purpose is to provide predictable income over time in exchange for a lumpsum today. In addition they have guarantees that ensure they will continue through a person’s lifetime. Nothing on Wall Street can offer that kind of protection.

For those clients who are not comfortable on Wall Street and want to sleep better at night knowing their future income is secure, we look forward to working with you!
 

Annuities for Cash Management

A Single Premium Income Annuity (SPIA) is a fixed annuity contract issued by an insurance carrier. It is an option to consider if:

  • You have already received a settlement and now want to use all or a portion to provide a steady income.
  • You have a lump sum of money available to use to provide a predictable income stream (retirement funds, divorce settlement, inheritance, etc.).
  • You want a safe, predictable source of income with no active investment management required.


SPIAs offer a fixed rate of return, and there are no on-going investment management fees or expenses.  They provide a guaranteed stream of income for a certain period of time or for a lifetime, depending on the annuity type. Contracts can also be written as joint and survivor (for husband and wife, as long as either is living), but also allow you to provide for your beneficiaries.

A SPIA is purchased with a one-time only payment of principal.  Periodic payments from a SPIA start within a year of purchase and payment frequency can be scheduled to meet individual income needs, such as monthly, quarterly, semi-annually, or annually.*

Call us to find out more information on Single Premium Immediate Annuity.

Consult a tax advisor for more information.

* A 10% penalty may apply to payments received prior to age 59½.

Annuities for Retirement

If you are nearing retirement, Kelly Ramsdale & Associates can offer you a qualified Single Premium Income Annuity (SPIA) that will provide retirement income.

SPIAs provide a guaranteed stream of income for a certain period of time or for a lifetime, depending on the annuity type.  Contracts can also be written as joint and survivor (for husband and wife, as long as either is living), but also allow you to provide for your beneficiaries.

Using a SPIA as part of your total retirement income plan makes sense if you want a safe, predictable source of income with no active investment management required on your part or on-going investment management fees and expenses.  A SPIA for retirement is purchased with a one-time only payment using certain qualified retirement monies.  The periodic payments from a SPIA start within a year of purchase and payment frequency can be scheduled to meet your income needs, such as monthly, quarterly, semi-annually, or annually.*

Call us to learn more about a Single Premium Immediate Annuity and find out whether it is appropriate for your retirement needs.

Consult a tax advisor for more information.

* A 10% penalty may apply to payments received prior to age 59½.

Annuities for Other Situations

Kelly Ramsdale & Associates offers Single Premium Deferred Annuities (SPDA) that can be purchased lump sum amounts. These annuities make sense when a future guaranteed income stream is needed but you don't  need the income payments to start right away.

These fixed rate-of-return annuities have similar features and benefits as a Single Premium Immediate Annuity, and provide periodic income that starts one year or later after purchase.

Call us to learn more about a Single Premium Deferred Payout Annuity and find out whether it is appropriate for your situation.


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