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Financial Learning Center


Distributions from Your Retirement Plan

Annuity Payouts

Your company may allow you to receive your qualified retirement plan monies as an annuity, in which a series of payments is made according to a predetermined schedule. If so, you may want to compare your company's annuity offer to the benefits you would receive by rolling over a lump-sum retirement distribution into a single premium immediate annuity you can get through an insurance company.

Assuming all of your retirement plan contributions were made with pre-tax dollars or your retirement plan is employer funded, each payment from your company annuity (or the insurance company annuity) would be taxable as ordinary income when received. If you made any after-tax contributions, a portion of each annuity payment would be tax-free.

Your financial professional can help you determine if an annuity payout is your best option.

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Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA (Opens in a new Window)/SIPC (Opens in a new Window).  UniVest Financial Services is a trade name of UniBank. Infinex and UniBank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of, nor guaranteed or insured by, any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.


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