Retirement Income Guaranteed to Last

We created the Single Premium Immediate Annuity (SPIA) to provide your clients with the security of steady retirement income that won’t change when markets or interest rates fall. SPIA offers guaranteed monthly income options that deliver security and help your clients plan ahead with confidence.

How it works

Your clients decide on the length of time they want to receive payments, either for a set number of years or payments for life. They also decide on the strength of their guarantee. They can receive a fixed amount that can never change and they can select guaranteed income for their lifetime or the lifetime of themselves and a loved one.

Why investors choose SPIA

  • Retirement income for life
  • Protection from longevity, market and interest-rate risk
  • Protection for beneficiaries

Why SPIA is important

More and more Americans face an uncertain future in retirement. Pensions may be a thing of the past, 401(k)s are dependent on the whims of the market, health care costs are rising and interest rates are at historic lows.

SPIA provides your clients with a vehicle for guaranteed retirement income they can structure to meet their needs and the needs of their families. This valuable annuity product is underwritten by CMFG Life Insurance Company (CMFG Life), a leading provider of financial services and a holding of CUNA Mutual Holding Company, a Fortune 1000 company.

When clients

guarantee_benefits_graphic2.svgThey begin to view retirement more confidently
They may consider complementary retirement planning approaches

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Predictable Income for life.
Your clients will know exactly what their lifetime income will be.

 

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A retirement strategy with risk protection.
Your clients benefit from no market volatility and protection from longevity risk.

 

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Benefits for surviving loved ones.
Your clients can ensure the financial security they’ve worked hard to achieve is passed on to their beneficiaries.

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© 2021 CUNA Mutual Group

Annuities are long-term insurance products designed for retirement purposes. Clients should consider a variable annuity's investment objectives, risking, charges and expenses carefully before investing. The prospectus contains this and other information. Encourage clients to read it carefully.

All guarantees are backed by the claims-paying ability of the issuer and do not extend to the performance of the underlying accounts which can fluctuate with changes in market conditions.

CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution. All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers.

Base policy forms 2012-SPDMGIA, 2015-VA-B, 2015-VA-C, 2015-VA-C(ID), 2018-VA-F, 2018-VA(ID), 2018-VA-F(ID), 2008-SPIA-I, 2008-SPIA-LO, 2008-SPIA-DB, ICC13-DIA, ICC13-DIA(B), 2012-SPDMGIA(ID), 2013‑DIA, ICC14-SPDA, 2014-SPDA, 2014-SPDA(OR), 2002-SPDA, 2002-SPDANP(OR), ICC20-SPDA, 2020-SPDA, ICC20-MVAEND, 2020-MVAEND, 2018-RILA, 2018-RILA-GLWBRDR, 2018-RILA-DRAEND and 2018-RILA(ID).

CMGA-2360257.4-0321-0423
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