What is a Deferred Income Annuity?
A deferred income annuity (“DIA,” and also sometimes referred to as a longevity annuity), is a contract between you and an insurance company. You give a lump-sum payment to the insurance company in exchange for guaranteed lifetime income that begins at a future date, up to forty years later in some cases. Deferred income annuities can serve as a sort of pension for those investors without an employer’s defined benefit plan.
ANNUITY FYI’S TOP DIA PICKS
| Company | Product Name |
 | Safe Income Plus |
 | Deferred Income Protector |
 | Guaranteed Income Builder |
 | Deferred Income Solutions |
 | Guaranteed Future Income Annuity II |
 | SecureFuture Income Annuity |
FROM OUR BLOG
In the News: Annuity Leaders Talk Hot Topics
Recently Keefe, Bruyette & Woods (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, …
The Profile of an Annuity Buyer
During the month of September, the Insured Retirement Institute is hosting 4 virtual sessions, the Supply Chain Summit, to examine …
Symetra Introduces Two New Indexed Annuities
There are two new single-premium indexed annuity contracts available, both coming from the U.S. arm of Sumitomo Life Insurance Company …
New Non-Variable Indexed Annuity from Nationwide
Ohio-based insurer, Nationwide, has recently launched a new, non-variable indexed annuity in an effort to give consumers more of what …
Long-term Care and the COVID-19 Crisis
As the COVID-19 pandemic continues to surge around the county, many Americans are looking into long-term care options and are …
ADVISOR INSIGHT
“A deferred income annuity is a plan that will help you create a stable income stream for the future. These plans are the equivalent of buying a pension for yourself, or yourself and your spouse. With these plans, you are giving up your principal in exchange for an income stream for life or a set period of time. These plans are growing in popularity due to the fact that pensions are not as prevalent as they have been in the past.”
Andrew Murdoch, Certified Financial Planner™
licensed financial professional
ARTICLES & GUIDES
This May Be a Good Time to Buy a Deferred-Income Annuity
Economic growth, the rate of job creation, incomes, and the stock market have all been improving, but this doesn’t mean the good times will roll indefinitely amid an exceedingly old economic expansion …
Consider a Longevity Annuity If You’re Concerned About Outliving Your Savings
It’s well known that many retirees and pre-retirees are concerned about the possibility of eventually…
Investments + Annuities = Healthy Retirement?
Many advisers still treat annuities and investments as apples and oranges–that is, not to be mixed up in a…
Conservative Annuity Buyers Turning To Split Annuity Strategy
Even when the stock market does its volatility dance, owners of conservative annuities don’t have to be concerned…
One Man’s Do-It-Yourself Retirement Plan
Baltimore radiologist Dimitri Merine hopes to retire in seven years, at age 63. So he created a do-it-yourself retirement…
The Right Way to Evaluate a Deferred Income Annuity
Articles about deferred income annuities (DIAs) frequently look at them through the “investment frame” and focus…
Criteria for Evaluating Deferred Income Annuities
When evaluating deferred income annuities, Annuity FYI looks for features and fees of the annuity itself…
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