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APPLICATION FOR INDIVIDUAL ANNUITY First Catholic Slovak UnionA Fraternal Benefit Society 6611 Rockside Road, Suite 300, Independence, OH 44131 PLEASE PRINT, USE INK ONLYBranch #1. Proposed Annuitant:Email:Name:Telephone
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A single premium immediate annuity is a financial product that provides a guaranteed income stream for a specified period of time, typically starting immediately after the premium payment is made.
Individuals who purchase a single premium immediate annuity are required to file it for tax purposes.
To fill out a single premium immediate annuity, individuals need to provide information about the premium payment amount, desired payment frequency, and beneficiary details.
The purpose of a single premium immediate annuity is to provide a steady income stream for retirees or individuals looking for guaranteed income.
Information such as premium payment amount, payment frequency, beneficiary details, and any additional riders or options selected must be reported on a single premium immediate annuity.
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