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.
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.
They begin to view retirement more confidently
They may consider complementary retirement planning approaches
Predictable Income for life.
Your clients will know exactly what their lifetime income will be.
A retirement strategy with risk protection.
Your clients benefit from no market volatility and protection from longevity risk.
Benefits for surviving loved ones.
Your clients can ensure the financial security they’ve worked hard to achieve is passed on to their beneficiaries.
“Whether you're helping aggressive investors protect their retirement savings or trying to move nervous savers off the sidelines, Horizon can help improve clients' financial futures.”
David Hanzlik Vice President, MEMBERS Product team