Licensed Single Premium Immediate Annuity (SPIA) Specialists in all 50 States
We sell immediate annuities and have the largest selection in the United States. This page is for people who are already dealing with—or are very close to committing to—an Immediate Annuity (SPIA) and want clarity before making an irreversible decision.
Most visitors are here for one of three reasons:
- You’re about to purchase a SPIA and want a second opinion before locking it in
- You’ve received a payout illustration and want to confirm what the income really means long term
- You already own a SPIA and need help understanding the contract, payments, or death provisions
This is not an income overview. This is about the permanence of the contract you’re considering—or already have.
You Must Work With a Licensed Annuity Agent
An Immediate Annuity is a fully annuitized insurance contract governed by state insurance law and carrier-specific contract terms.
To issue, explain, or review a SPIA, you must work with a licensed annuity agent authorized with the issuing carrier.
The Annuity Expert is licensed in all 50 states and appointed with carriers that issue SPIAs.
That authorization is required to explain payout options, survivorship rules, and what happens once income starts.
My National Producer Number (NPN): 15524738
Designation: CRPC® (Chartered Retirement Planning Counselor)
Call us now at 770-755-1565 or get a free quote below
We Specialize in Immediate Annuities—Including Older SPIA Contracts
SPIAs are simple in structure but unforgiving once issued.
We regularly help people who:
- Did not realize how permanent annuitization is
- Assume they can change payout options later
- Were not clearly shown how death benefits work
- Own older SPIAs with terms that differ from current versions
We work with both current and legacy Immediate Annuity contracts, including those issued many years ago.
If your goal includes a legacy component or a significant tax deduction, you should compare your options against a Charitable Gift Annuity
Why Issue Year and Payout Structure Matter With SPIAs
With a SPIA, everything is locked in at issue.
- Income amounts are fixed based on age and structure at purchase
- Payout options selected determine survivorship and refunds
- Once annuitized, the contract generally cannot be changed
- Older SPIAs may have very different death and continuation rules
Two SPIAs paying income can produce very different lifetime and beneficiary outcomes depending on how they were set up.
Buying an Immediate Annuity (SPIA)
If you’re considering a SPIA, we help ensure:
- You understand exactly what annuitization means
- Payout options align with your situation before issue
- You know what rights you give up once income begins
- There are no assumptions left unverified
Once issued, a SPIA is typically irreversible.
Reviewing an Existing Immediate Annuity
If you already own a SPIA, we help by:
- Explaining how your income was contractually determined
- Clarifying survivor and beneficiary provisions
- Confirming which provisions still apply today
- Helping you avoid actions based on misunderstandings
Most frustration with SPIAs comes from realizing too late that flexibility is gone.
Speak With a Licensed Annuity Broker Before You Decide
If you’re purchasing, reviewing, or questioning an Immediate Annuity (SPIA), clarity before commitment matters.
Contact The Annuity Expert to speak with a licensed annuity broker and get clear answers before making a final decision.
No pressure. No hype. Just accurate, authorized guidance when it matters most.
Call us now at 770-755-1565 or schedule a free consultation below