SPDA Annuities

Create a carefree retirement with our Single Premium Deferred Annuity. Make a one-time payment premium and you will be prepared to receive steady fixed income payments when your planned timeline begins.

Three Options

Crown Choice
• Initial rate guarantee for 6 years
• 6- year surrender charge
• Minimum premium of $5,000
• Issue ages 0-85

Royal Choice
• Initial rate guarantee for 1 year
• 6- year surrender charge
• Minimum premium of $7,500
• Issue ages 0-85

Neighbors Choice
• Initial rate guarantee for 5 years
• 5- year surrender charge
• Minimum premium of $10,000
• Issue ages 0-85

You set the intervals for receipt of the cash payments: monthly, quarterly, semi-annually or annually. You set the timeline too – and receive payments from your annuity over your preferred time period, between 5 to 30 years.
OR
You can choose the “Life Income” option with a 10 or 20 year period and receive payments for the rest of your life.

Asset Reallocation
You can purchase a Royal Neighbors’ Single Premium Deferred Annuity with funds from many of your existing assets: Sales of underperforming stocks, bonds or mutual funds
Maturing Certificate of Deposits
Deferred annuity accounts
Benefit or profit sharing distribution
IRA account transfer
Court settlements, federal tax returns, or inheritance payments
Sale of real estate or businesses