Fixed Immediate Annuities

Fixed Immediate AnnuitiesJessica Whitehair2026-05-12T10:53:49-05:00

An important part of a well-designed retirement plan is a strategy for distributing assets and receiving the income required to address critical objectives. For individuals who need predictable income payments that begin immediately, an immediate fixed annuity may be a valuable solution.

A single premium immediate annuity (SPIA) allows you to make a single premium payment in exchange for periodic distributions over a certain time period. The periodic distribution amount is set when the policy is issued and never changes.

Our single premium immediate annuity:

Offers payment period options of 5, 10, 15 and 20 years

Allows you to receive payments monthly, quarterly, semi-annually or annually

Can be funded with qualified and non-qualified accounts

Payments can be made by direct deposit or by check

American Century Life Insurance

Founded 1940

American Century Life Insurance Company
1333 W. McDermott Dr. #200
Allen, TX 75013

Phone (855) 966-1111
Fax (855) 855-0181
service@aclic.com

American Century Life Insurance Company has been assigned a Financial Strength Rating of B++ (Good) from AM Best.

© 2026 American Century Life Insurance Company. All Rights Reserved. | Privacy Policy

Guarantees are backed by the claims-paying ability of American Century Life Insurance Company (“ACLIC”). Annuities are designed for long-term accumulation of money; surrender and withdrawal fees may apply on early withdrawals. Annuity withdrawals are subject to income tax and withdrawals prior to age 59½ may also be subject to an IRS penalty.

The statements and comments offered in this communication are provided as general information and ideas. They are not intended to be, nor should they be relied on as, investment, legal, tax advice or recommendations. Before making a decision or giving advice about any matter contained in this communication, agents or individuals should consult their own attorney, tax or investment advisor.

Products and services are underwritten and/or provided by ACLIC in the states in which the company is licensed. Products and services are underwritten and/or provided by American Century Life Insurance Company of Texas in Oklahoma. Products and services may not be available in all states.