Flexible Annuities

About Flexible Annuities

Flexible annuities are those which often have the prospect of higher levels of future income depending upon a certain minimum level of investment performance. The income can go down but not below a minimum amount. They also often allow you to change the basis of your annuity from joint life to single life or apply later on for a traditional annuity on impaired terms if you should suffer ill health at some stage in the future. This flexibility can be attractive to some investors as you reserve certain options for the future should your circumstances change.