002: What is a Single Premium Immediate Annuity (SPIA)?

In this episode, The Annuity Man discusses: 

• What is a SPIA and how does it work 
• The history of SPIAs 
• The benefits and limitations of a SPIA 
• How to get your free copy of the SPIA Owner’s Manual 

Key Takeaways: 

• SPIAs are simple & efficient transfer of risk pension plans 
• SPIAs quotes are customizable to contractually guarantee your specific goals 
• SPIAs are commodities, and all carriers should be quoted to find the highest contractual guarantee 
• SPIA payments are primarily based on your life expectancy, not interest rates 

"Single Premium Immediate Annuities (SPIAs), 99.9% of the time, are going to have the highest contractual guaranteed payout. Period." —  The Annuity Man 

Connect with The Annuity Man: 

Website: TheAnnuityMan.com 

Email: [email protected] 

Book: SPIA Owner’s Manual 

YouTube: Stan The Annuity Man 

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