The Single Premium Immediate Annuity provides a guaranteed stream of income from a single, lump-sum premium payment. It can be used for retirement funding, to provide care for dependents, and for gifts. Click here to learn more about SPIAs
We provide SPIA quotes using variety of options include Split SPIA and Reverse Splits. You can also use our helpful retirement planner to determine how much should contributed towards a SPIA. To start, please select the type of quoting method you'd like to use...
The simple quote allows you to enter either the lump sum premium and quote the payout about or enter the payout amount and calculate for the needed premium. You can choose payout frequency, term and Life, Certain and Life with period Certain options.
The combination of two annuities, one immediate annuity and one deferred annuity. Immediate provides guaranteed monthly income for 5, 7, or 10 years on a tax advantaged basis. During the interim, the moneys deposited into the deferred annuity are increasing; the ultimate goal is that the value of the deferred annuity will equal the sum of dollars initially paid into the split annuity.
Similar to the Split annuity, however, this calculation starts with the benefit payout needed and calculates the premiums required.
