Annuity Calculators

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Finding the right annuity calculator might be the most important part of your quest to find the best fixed annuities for your specific situation. The Annuity Man has 4 proprietary calculators and live feeds to provide the highest contractual guarantees available with all carriers.

Below are the 4 annuity types that you can shop to find the best contractual offers to meet your financial goals.

SPIAs have been sold in the United States for hundreds of years and are still the best personal pension plan for lifetime income if you need those payments to start immediately. SPIAs are still the foundation of most retirement income plans or retirement plans that need a guaranteed income floor in addition to Social Security payments or employer pensions (if you are so fortunate).

Below are some key benefits that SPIAs contractually provide:


  • Lifetime income stream you can never outlive

  • Income can start as soon as 30 days from issue date

  • No annual fees & no moving parts

  • Can also be set up to pay for a Period Certain

  • Can be used in IRAs, non-IRAs, Roth IRAs

  • No market attachments

  • Cost of Living Adjustment (COLA) can be added

  • Can be set up for one life or joint life

  • Can be used a legacy income planning tool

  • Can be used for “Laddered Income” customized strategies

Deferred Income Annuities (DIAs) are also referred to as “Longevity Annuities” or “Longevity Insurance” because it contractually solves for the fear that you could run out of money. Annuities are the only product type that can guarantee a lifetime income stream, regardless of how long you live. Income for life (i.e. guaranteed income) is what DIAs contractually solve for, and need to be considered for your retirement savings, retirement accounts, and retirement plans.

Below are some key benefits that Deferred Income Annuities (DIAs) contractually provide:


  • No annual fees & no moving parts

  • Simplistic & efficient designed income payment

  • Can be used in an IRA, Roth IRA, or non-IRA account

  • Tax preferable income stream in a non-IRA account

  • Can be set up as joint payment with a spouse

  • Customizable for lifetime income, period certain, or both

  • Large/high rated carrier participation

  • COLA (Cost of Living Adjustment) can be added to the policy

  • Income is primarily based on life expectancy

  • No investment or stock market type risk

  • Option to add money during the deferral period

In 2014, our “friends” at the IRS and the Treasury Department introduced the newest product to the annuity category, the Qualified Longevity Annuity Contract (QLAC). I fell in love with this QLAC strategy the first time I was told it was in the works, and immediately wrote the QLAC Owner’s Manual in 2014 to help consumers fully understand this fantastic product. The QLAC Owner’s Manual was the first one of my six Owner’s Manuals that I published. QLACs are, in essence, Deferred Income Annuities (DIAs). A Deferred Income Annuity (DIA) is the cousin of a Single Premium Immediate Annuity (SPIA). The only difference between these annuity types is that QLACs can only be used in qualified retirement plans like your Traditional IRA.

Below are a few key benefits that QLACs contractually provide:


  • QLACs can only be used with IRA/Qualified $$

  • Specific QLAC rules apply for funding the policy

  • You can use Traditional IRA $$ to fund a QLAC

  • Your spouse or partner can be set up for “Joint Life” payments

  • QLAC $$ is not used to calculate your Required Minimum Distributions (RMDs)

  • QLAC income can start as soon as age 72 (formerly age 70 ½)

  • QLAC income can start as late as age 85

  • You can ladder QLACs to start at different ages in the future

Multi-Year Guarantee Annuities (MYGAs) are also called fixed-rate annuities and are a specific annuity product type that functions similarly to a CD (Certificate of Deposit). Both MYGAs and CDs contractually guarantee an annual interest rate for a specified period, have no annual fees and are fully principal protected.

Some of the key features and benefits that MYGAs contractually offer are listed below.


  • Contractually guaranteed annual interest rate

  • Lock in periods can be short term or long term

  • Tax-deferred growth in non-IRA accounts

  • Rates are typically higher than CDs

  • Interest compounds tax-deferred in a non-IRA account

  • No fees, moving parts, or market attachments

  • Can be laddered like CDs and Bonds

  • Full principal protection

An Income Rider is an attached benefit to indexed annuities or variable annuities that provides a lifetime income stream starting at a future date of your choice. We will personally quote all carriers for you to find the highest contractual guarantees for your specific situation.

Below are some of the key features that Income Riders contractually provide.


  • Can be used in Traditional IRAs, Roth IRAs, non-IRAs

  • Can be structured for single or joint life payments

  • Some Riders offer confinement care benefits as well

  • Some Riders can also be used as a death benefit

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