RESOURCES - annuity
SPIA

An immediate annuity can turn assets into regular payments beginning now and lasting for the rest of an individual’s life or for a specified period of time. Immediate annuities are single-payment annuities paid at contract inception. Any large sum of cash – from an inheritance, legal settlement, sale of a business or home – can be converted into an income stream for the specified duration.

• Allianz
• AIG
• American National
• Aviva
• Genworth
• Genworth life of NY
• Hartford
• ING Reliastar
• John Hancock
• Lincoln Benefit Life
• Lincoln Life
• North American
• Old Mutual
• Principal
• Presidential
• The Standard
• Transamerica
• United of Omaha
• U.S. Life of NY
• West Coast Life