Joint & Survivor Annuity in North Carolina: Secure Lifetime Income for Two

A Joint & Survivor Annuity is one of the most reliable ways for couples in North Carolina to ensure they never outlive their retirement income. Designed to provide guaranteed payments for two lifetimes, it offers financial peace of mind for both you and your spouse — no matter who passes first.

What Is a Joint & Survivor Annuity?

A joint & survivor annuity is an insurance contract that pays a steady stream of income for as long as you or your spouse lives. When one spouse passes away, the surviving spouse continues to receive payments — often for life.

You can choose from options such as:

• 100% survivor benefit – the same income continues for the surviving spouse
• 75% or 50% survivor benefit – the income reduces slightly but still provides security

Because this type of annuity covers two lives instead of one, the initial monthly payment is usually a bit lower — but the trade-off is lasting protection and predictability for your household.

Why Couples in North Carolina Choose This Option

• Lifetime income for both partners — protect your spouse’s lifestyle even after you’re gone.
• Predictable cash flow — your income never fluctuates, regardless of market conditions.
• Freedom from market risk — guaranteed income that doesn’t depend on stock performance.
• Legacy of stability — ensures financial continuity for surviving spouses.

With today’s uncertainty in pensions and investments, many North Carolina retirees see a joint & survivor annuity as an essential foundation of their retirement plan.

Factors to Consider

• The survivor benefit percentage that best fits your needs
• The health and age of both spouses
• Whether your annuity will be funded with pre-tax (IRA, 401(k)) or after-tax dollars
• The insurer’s financial strength (Mintco Financial works only with top-rated carriers)
• How the annuity fits with your other income sources like Social Security or pension

Every couple’s situation is different — that’s why having a fiduciary advisor review your numbers is key before locking in a lifetime contract.

Why Work With Mintco Financial

At Mintco Financial, our advisors help North Carolina couples compare the best joint & survivor annuity options from top carriers nationwide.

We’ll help you:

• Understand your payout options
• Balance income needs with survivor protection
• Review tax implications
• Shop competitive rates — all from the comfort and safety of your home

We are fiduciary advisors, which means our recommendations are always in your best interest — not the insurance company’s.

Let’s Secure Your Future Together

Your retirement income shouldn’t stop when one of you does. A Joint & Survivor Annuity can make sure it never does.

Mintco Financial — Fiduciary Advisors Serving North Carolina and Clients Nationwide.