What are current SPIA rates?

Immediate annuity (also known as a Single Premium Immediate Annuity or SPIA) pricing changes constantly. Quotes are based on your current age, gender, and when (within the next 12 months) you’d like income to start.

The table below shows the highest annual income payments for a $100,000 premium using some standard SPIA contract structures.

SPIA Quotes for September 2018

SPIA quotes shown as annual income for a $100,000 premium as of 9/1/2018. All quotes are life only. Joint quotes for a male and female with the same age and 50% continuation.
Age Male Female Joint
55 $5,540 $5,370 $5,450
60 $6,000 $5,770 $5,890
65 $6,740 $6,430 $6,580
70 $7,810 $7,350 $7,600
75 $9,480 $8,770 $9,170

These quotes are not binding quotes and reflect only the highest available rates (which may be for an insurance company whose credit rating isn’t as high as other comparable products).

Using our SPIA Quote Tool, you can compare quotes across providers and with or without various policy options, such as death benefit or inflation riders, and whether you’d like a single or joint product. The calculator has quotes for the following providers, among others:

  • Guardian Life
  • MassMutual
  • New York Life
  • Lincoln Financial
  • Pacific Life
  • Principal
  • AIG (American General)
  • Integrity
  • Minnesota Life

In addition, and contingent on the kind of product, you are looking for, you may also want to get a quote from USAA, Metlife and Northwestern Mutual (none of which are available on the Blueprint Income platform).

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Head to the SPIA Guide to learn more about the product, its benefits, and next steps for buying.