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Get the free Single Premium Immediate Annuity (SPIA). IP-NB151 Single Premium Immediate Annuity (...

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Single Premium Immediate Annuity Application (SPIN)Checks must be made payable to vary Highlighted sections must be completed to avoid delay Not available for corporate ownership IPNB1516/21Single
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A single premium immediate annuity is a type of annuity contract that is purchased with a single lump-sum payment and provides a guaranteed income stream for the rest of the annuitant's life.
Individuals who are looking for a guaranteed income stream in retirement may choose to purchase a single premium immediate annuity.
To fill out a single premium immediate annuity, individuals will need to contact an insurance company or financial institution that offers these products and provide information about their age, gender, and the amount of the lump-sum premium.
The purpose of a single premium immediate annuity is to provide a steady income source for individuals in retirement, ensuring they have a reliable stream of income for the rest of their lives.
The information that must be reported on a single premium immediate annuity includes the annuitant's name, age, gender, the amount of the lump-sum premium, and the terms of the annuity contract.
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