Presidential Life is a provider of fixed deferred and immediate annuities and life insurance products to financial service professionals and their clients across the United States. Presidential Life annuity offerings fall under the following areas: 1) Flexible Premium Deferred Annuity (FPDA): An FPDA is a tax-deferred annuity that will accept multiple premium payments while the annuity is in an accumulation period. FPDA annuities may accept salary reduction payments, bank draft or pre-authorized check plan payments, transfers, rollovers, and single sum direct payments. 2) Single Premium Deferred Annuity (SPDA): An SPDA is a tax-deferred annuity that will only accept a single payment. This payment may be from writing a check directly to the company or through a transfer or rollover. Single Premium Deferred Annuities may be purchased with qualified or non-qualified monies. 3) Single Premium Immediate Annuity: These policies allow clients to immediately convert a lump sum of money into a guaranteed payout for as long as they live. Guaranteed payouts are also available for a certain number of years.

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