What Is a Single Premium Immediate Annuity?

In today's episode, I'm going to talk about all you need to know about Single Premium Immediate Annuities (SPIA). I'll be answering all the frequently asked questions about this and give you tips on how you can structure yours - if you need it! Watch on to learn more about this type of annuity, I'm sure I got the answers you need!

Watch and Enjoy!
Stan The Annuity Man

Request Free Owner’s Manual Here:
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Key Moments in this Episode
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00:19 Here's what we'll be covering
01:09 Why would you want to own one?
01:46 A quick history of annuities
02:20 What does it solve for?
03:23 The benefits of SPIAs
04:06 Here are its limitations
05:21 Structuring the contract
06:29 Quoting an SPIA
07:20 Where does it fit in your portfolio?

Other Resources
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Visit Stan The Annuity Man’s website

Learn more about Stan The Annuity Man

Get your annuity quote here

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Video by Nate Woodbury

[Kimicora]

I love that you explain things 2-3 ways in different ways even if its the same information, it shows your really here to educate & you end up actually making my ADHD rapid cycling brain that goes a million miles a minute, understand what an annuity and a dividend & all of that non-sense is!

[zenaidababcock]

I learned a lot just from watching your series of videos and still looking forward to receiving all the manuals you've written. Thank you

[Inaisola]

That was straight foward and to the point ..thanks

[RetiredTop]

Stan, what happens if the insurance company goes out of business?

[MrRepsMrReps]

Stan you did a great job of explaining this type of annuity. Most advisors steer you away from them

[zentravel]

Great video I learned quite a bit. I'm a small fish so is there a minimum premium on this sort of an annuity?

[larrywebb]

Hey Stan I could not find your "more info buttom" as you descrided in your last video.

[BlazinBlades]

I’m tired of dealing with renters on our real estate property.
I want to sell it and try to get a monthly income for life.
I think this product may work for us.
🍻🍻
BB

[zentravel]

Where is the link for your booklet on immediate annuities?

[AlienInvasionize]

What would happen if you have a Charity remainder Trust with SPIA with 2 million and then renounced your citizenship? If you have more than 2 million that triggers the higher exit tax. But is a crt spia included in what the irs considers your asset?

[andielliott]

Tell me how the insurance company makes a profit, please.