SPIA vs. DIA vs. Fixed Index Annuity (FIA) Comparison
Compare Immediate Payouts, Longevity Insurance Deferral, and Index Growth with Guaranteed Lifetime Withdrawal Benefit (GLWB) riders side-by-side.
Deposit & Retirement Horizon
Multi-Contract SolverSide-by-Side Payout Breakdown
1. SPIA (Immediate Annuity)
$20,700 / yr
Irrevocable principal annuitization starting immediately with zero market participation.
2. DIA (Deferred Income Annuity)
$31,200 / yr
High mortality credits lock in guaranteed income at age 67 with irrevocable cash surrender.
3. FIA + GLWB Rider (Top Choice)
$28,450 / yr
0% Market downside loss floor + Full account principal liquidity + Guaranteed income checks for life.