Lock in future income today. Starts in 5-20 years when you need it most.
Pure longevity insurance • Higher payouts than SPIAs • Tax-efficient
Male, age 55 → Starting at 65 (10-year deferral) • Single Life
The smart way to lock in future retirement income
30-50% more monthly income than immediate annuities for the same investment
Protect against future rate declines. Your rate is guaranteed regardless of future conditions
Protects against outliving your money. The longer you live, the better your return
Growth during deferral period is tax-free. Payments are partially tax-free via exclusion ratio
Choose when income starts: 5, 10, 15, or 20 years from now. Align with your retirement plans
Available with inflation protection. Choose 2-3% annual increases to maintain purchasing power
Cover both spouses with joint life payout. Income continues until second death
Return of premium or cash refund options available to protect heirs if you die early
Sarah retires at 55 with $1M saved. She won't claim Social Security until 70 to maximize benefits. She invests $200K in a DIA starting at age 70.
Mike is healthy and both parents lived to 95+. He's worried about outliving his $800K portfolio. He puts $150K in a DIA starting at age 75.
Lisa has a government pension starting at 62, but it won't be enough. She's 50 now. She invests $100K in a DIA starting at age 65.
Tom wants to leave his $1.2M portfolio to kids, but needs income protection. He buys a $250K DIA with return of premium starting at 68.
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Consider a "ladder" strategy: Buy a DIA now for income in 10 years, then buy another SPIA at that time. This gives you flexibility while locking in today's rates for the future.