Navy Mutual SPIAs

Rates as high as 5.25%

Navy Mutual’s Single Premium Immediate Annuities are funded with a lump-sum payment, typically from after-tax dollars not held in a retirement account. Often this single lump-sum deposit comes from liquidating other assets, such as home equity or an investment portfolio.

How It Works

  • Make a one-time deposit between $10,000 and $1,000,000
  • Receive payments monthly, quarterly, semi-annually, or annually
  • Take advantage of lifelong income options for one or two people or fixed period income options that spread taxation of earnings over many years


More Resources

Annuities: Fact vs. Fiction

Is an Annuity Right for You?

Types and Features of Annuities

What is an annuity?

An immediate annuity starts a guaranteed income stream right away, with income payments beginning 30 days from the contract’s purchase date. Immediate annuities are funded with a lump-sum deposit and are typically used as a tool to spread out income taxation or reduce the risk of outliving other assets.

Set yourself up for financial success. You can receive payments for a fixed period of one to 30 years or receive payments for life!