DIA
Deferred Income Annuity
DIAs are actually SPIAs that you defer past 1 year. It's your own personal pension payment that starts at a future date you choose.
Guaranteed Pension Income starting at a future date you choose
Deferred Income Annuities (DIAs) are actually a SPIA structure with lifetime income starting in the future.
No fees. No moving parts. No market attachments.
DIAs can be used in Traditional IRAs, Roth IRAs, and Non-IRAs.
Structure the lifetime income payments single life, joint life, or period certain.
DIAs are a simple & efficient solution for longevity risk.
If you need INCOME LATER, you need to consider a DIA
Some of the key features & benefits of Deferred Income Annuities (DIAs) that you need to know
- No annual fees. No moving parts. No market attachments.
- Same structure as a SPIA with income starting at a future date
- Can be used in Traditional IRAs, Roth IRAs, and Non-IRAs (Non-Qualified $$)
- Choose from the top A+ or better carriers
- Payments can be structured single life, joint life, or period certain
- Policy can be structured so that 100% of any unused $$ goes to your listed beneficiaries
- Cost of Living Adjustment (COLA) increases can be contractually added to the policy at the time of application
- Contractually solves for Longevity Risk or the fear of outliving your $$
- DIAs can be laddered for the purchase date or income start date, or both
- Lifetime income payments are primarily priced on life expectancy(s)
- Interest rates play a secondary pricing role
If you are considering a DIA, this is a must read
The DIA Owner's Manual fully explains this longevity strategy in easy to understand terms so you can make a fully informed decision.
EVERYTHING to KNOW ABOUT DIAs
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DIA Questions & Answers that you need to know
Yes. It’s a pension that starts at a future date that you choose and is structured the way you want. Single Life, Joint Life, etc
Yes. A DIA is structured exactly like a SPIA, with the contractually guaranteed payments starting as soon as 13 months.
Yes. Annuity companies do NOT give this away. You need to run the actual “break-even” numbers compared with the same DIA without a COLA.
No. No annual fees. No account fees. No hidden fees. Agent commissions are built in, so it is a NET transaction for you.
All annuity commissions are “built in” and hidden from the client. The issuing annuity company pays the commission from its general fund, NOT from your money.
Life expectancy or Life expectancies (if joint) drives the DIApricing train. Interest rates play a secondary pricing role.
No. The longer you allow the annuity company to hold on to the money before income starts, they do enhance the payment.
There’s no trackable interest rate growth with a DIA.
No. DIAs are not liquid, so proper allocation is key when placing a DIA in your income portfolio.
No. QLACs are actually DIAs that are used in Traditional IRA-type structures, and Income Riders (typically attached to FIAs) also contractually solve for Income Later®.
For lifetime income guarantees, you are transferring the risk to the annuity company to pay for as long as you are breathing. A+ or better annuity companies can back up those contractual payment guarantees.
Typically, DIA quotes change every 7-10 days, like a gallon of milk. We can lock in a quote for you if desired.
Yes. These are real-time live quotes directly from the carriers. We only show contractual guarantees because you only own an annuity for what it WILL DO, not what it might do.
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