Key benefits of a SPIA
- Offers a variety of ways you can have income paid to you, including a lifetime income option that pays you no matter how long you live.
- Income options can be extended to your spouse, so both of you are covered.
- A SPIA is not designed for growth, but instead turns your money into an income stream. This also means that your money is not subject to market volatility or investment loss.
- Some options provide a payout to your loved ones which can help with legacy planning.
Competitive options, strong company
- The amount of income you’ll receive depends on a variety of factors based on the different options you can choose from. We aim to provide you with an option that meets your needs and goals.
- Your income is guaranteed by an A-rated company, so you can rest assured that AuguStar will stand behind our commitments to you.
- While we believe we offer competitive options from a company you can count on, it’s important to work with your financial professional to find the best fit for your specific situation.
