Single Premium Immediate Annuity

A Single Premium Immediate Annuity* from Royal Neighbors can help make your retirement years carefree and rewarding by guaranteeing you a lifetime income.

Our Single Premium Immediate Annuity is the right choice for you if: 

  • You are worried that you might outlive the funds you’ve set aside for retirement
  • You’re concerned that Social Security and pension income won’t cover your retirement expenses
  • You are uncomfortable with the uncertainty of your investment returns

Secure your financial future with Royal Neighbors Single Premium Immediate Annuity. It is a contract, or agreement, under which you pay one lump-sum premium ($5,000 minimum) and immediately begin to receive steady fixed income payments. This annuity allows you to spread your tax liability over the life of the contract.

Two Payout Options:

  1. Choose payments over the period of time you specify – between 5 to 30 years
  2. Choose the “Life Income” option with a 10 or 20-year period "certain" (which means the longer of your life or the period you've choosen) and receive payments for the rest of your life and after you die, for the remainder of the period selected, or you may purchase a 10 or 20-year joint and survivor option

You can elect to receive cash payments at several intervals: monthly, quarterly, semi-annually, and annually.

Plus, as a member of Royal Neighbors of America, you are eligible to apply for additional member benefits at no additional cost.1


Certificates are not available in all states.
Contractual provisions and limitations may vary by state.

*Single Premium Immediate Annuity - Form Series 200231A 

Annuities are products of the insurance industry and are not FDIC insured or guaranteed by any bank.

This is not intended to provide tax or legal advice. You should consult with a professional tax advisor about taxes related to single premium immediate annuities and your particular situation.

1Member benefits are provided at the discretion of Royal Neighbors of America. They are not a part of any insurance or annuity contract and are not guaranteed.