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Marion Douglas Financial and Insurance Services


Guarantee Your Income For Life

Secure Your Future By Planning Today

Would You Like A Paycheck For Life?

Put a well-designed plan in place today that will provide you with guaranteed income for a lifetime.

We all dream of retiring comfortably, with peace of mind that our living expenses will be paid each month so we can enjoy doing the things we love. I will show you investment options that will provide you with a guaranteed monthly income stream, backed by reputable companies that are unaffected by stock market changes.


Here are some of the challenges you risk facing if you don’t put a plan in place today:

1. Running Out Of Money
If you retire in a down market, this could grossly effect your savings to the point you risk outliving those assets.

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2. Historically Low Interest Rates
Making it a challenge to get the guaranteed returns you need to make your savings last your entire lifetime.

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3. Increasing Life Expectancies
People are living longer today than ever before, increasing the number of retirement years you need to plan for.

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Have you considered keeping your money in an annuity?

As a non-spousal beneficiary, you may have the option to transfer the death benefit amount into an inherited annuity contract from MassMutual Ascend Life Insurance Company. Inherited contracts may provide a way for you to spread out your tax liability, while allowing your inheritance to continue growing.

What are the benefits of an inherited annuity contract?

Continue the annuity's growth

By placing the death benefit into an inherited contract, your assets may continue to grow, which can provide a significant boost to your inheritance over time.

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Spread income tax impact over time

Taking your death benefit as a lump sum payment could leave you with a significant tax burden. By opening an inherited contract, your money will not be taxed until  you take a distribution.

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You can designate your own beneficiaries

One day you can pass your loved one's generosity on to your heirs.


Are there other important things I should know?

  • Timing is important. In many cases, the IRS requires the first payment from an inherited IRA to be made by December 31 of the calendar year following the owner's death. Similarly, the first payment from an inherited non-qualified contract must be made by the first anniversary of the owner's death. 
  • Understand your options. If the death benefit amount is paid directly to you, an inherited contract will no longer be an option. If you decide to open an inherited contract, the death benefit amount will need to stay at MassMutual Ascend or be transferred directly to another insurance carrier.
  • Consider annual payment and final distribution requirements. In many cases, the IRS requires you to withdraw a minimum amount each year, known as a Required Minimum Distribution (RMD) for an inherited IRA or a 72(s) Payment for an inherited non-qualified contract. In some cases, a final distribution must be made from an inherited IRA after 10 years.
  • Seek advice from a professional. Your decision could have tax or other consequences that you may not have considered. To help avoid surprises, we recommend talking with a tax advisor or a financial professional before you make a decision.



Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck