Compare Annuity Options

Annuities can be a great solution if you're looking for a predictable income stream throughout your retirement.

Active adults planning for retirement

Our annuity options

Is an annuity right for me?

It depends. Many retirees cover their fixed expenses like housing costs and food with guaranteed income sources, like Social Security and pensions. That leaves their other retirement investments and savings for the fun stuff, like traveling and hobbies.

If you don’t think Social Security and pension money will cover all your fixed expenses, an insurance policy like an annuity can add another guaranteed income source to your retirement. It can also be a good choice if you’re concerned you won’t be disciplined in withdrawing money from your savings.

Benefits of annuities

In addition to having the option of lifetime income, if you have a deferred annuity, the value of your annuity can grow tax-deferred at interest rates that are guaranteed not to fall below a certain minimum. The payments you receive from your annuity will vary based on the payout option you choose.

Compare annuity options

Things to consider

Flexible Premium Deferred Annuity

Single Premium Immediate Annuity

Single Premium Deferred Annuity

How it's purchased

With an initial single payment, plus additional payments as desired

Single payment

Single payment

When you start taking payouts

At a future date of your choice

Within the first year after purchase

At retirement age (at least age 59½)

Who it's for

It could be an ideal choice if you want to invest money over time in an annuity, instead of funding it with a lump sum of cash.

Might be a smart option if you're getting ready to retire or are already retired.

People who have a lump sum of money today (minimum $10,000) and want it to grow for tomorrow.

Ready to start?

Talk to a COUNTRY Financial representative to get more details and review the pros and cons of your options.

Annuities issued by COUNTRY Investors Life Assurance Company®, Bloomington, IL. Annuities are not available in all states.

The information and descriptions contained here are not intended to be complete contract descriptions. Annuity contracts contain exclusions, limitations, charges and terms for keeping them in force. Contact your financial representative for costs and complete details.

Annuity guarantees based on the claims paying ability of COUNTRY Investors Life Assurance Company.

With tax-deferred growth, the interest your annuity earns is generally subject to ordinary income taxes upon payout or withdrawal, and may be subject to a 10% federal tax penalty if taken before age 59 1/2.

COUNTRY Financial and our representatives cannot give tax advice. Any information we provide reflects our understanding of current tax laws, which are subject to change and reinterpretation. See your tax advisor regarding your personal circumstances. 

Contract form numbers:
Flexible Premium Deferred Annuity: ICC18(FPDA), In North Dakota: FPDA18(ND)

Single Premium Immediate Annuity: MAI-37-87, CI_37_02

Single Premium Deferred Annuity: CI-SPDA-03B, In North Dakota ND-SPDA-03B

COUNTRY Financial® is a family of affiliated companies (collectively, COUNTRY) located in Bloomington, IL. Learn more about who we are.

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