SPIA
Get Your Customized SPIA Quote
If you’re considering a SPIA, use our exclusive calculator to find the best option for you.
- Lifetime income stream
- Applicable for IRAs, non-IRAs, and Roth IRAs.
- ZERO annual fees
- Period certain quotes
- SPIA Annuity Calculators
How do Single Premium Immediate Annuities work?
Single Premium Immediate Annuities (SPIAs) are categorized as fixed annuities and life insurance products, issued exclusively by life insurance companies and regulated at the state level. They offer a straightforward risk-transfer strategy to meet immediate income needs. The main factor determining SPIA pricing is your life expectancy (or combined life expectancies for joint policies) when payments begin.
- Zero Fees
- Guarantee periods from 5 to 30 years.
- Income can start as early as 30-days from issue date.
- A Cost of Living Adjustment (COLA) can be included.
