The single life option provides a higher monthly income, but payments end once you die, leaving your surviving spouse without the security of that monthly check.
Maximum monthly income for the retiree.
Payable as long as the retiree lives — whether to age 66 or 106.
Nothing left to spouse at retiree's death.
The Joint And Survivor Option
The joint and survivor option generally provides a lower monthly income, but it provides your spouse with that income for life, should you die first.
Reduced monthly income to retiree.
Reduced benefits continue to the spouse at retiree's death.
Other products and services
Estate Planning
A well-engineered estate conservation plan can minimize tax liability and ensure that loved ones are protected. We will work with you and your other advisors to assess the impact of state and federal taxes on your estate and suggest strategies to help minimize those taxes while meeting your personal philosophies and family needs.
Many people think that life insurance is only for people with families. While it is true that life insurance can help provide for the needs of dependents, life insurance also can be an important part of a well-thought-out estate, business succession or charitable giving plan. And permanent life insurance offers many living benefits as well, such as tax-deferred cash value accumulation. For all of these reasons, life insurance can be important for someone starting out - or for someone who's starting over.
