Advanced Annuity Calculator: See How Much Income You Could Get
Use our Advanced Annuity Calculator to get fast, free, and accurate income annuity quotes. Simply enter your age, gender, state, and when you want your income to begin. On the next page, you’ll see personalized estimates.
If you want guaranteed rates from top providers like New York Life, MassMutual, and more, complete the simple form on the next page. You’ll see your quotes instantly online—no phone number required.
What You Can Do with This Calculator
Our calculator lets you:
- Get quotes based on your premium payment or desired income amount
- See guaranteed income amounts from top-rated insurers
- Compare Immediate Annuities, Deferred Income Annuities, and QLACs
- Choose single or joint life annuity (just enter a second person’s birthdate and gender)
- Compare multiple payout options
About Our Quotes — Top-Companies, Top Rates
Our system instantly pulls rates from over 20 top-rated insurance companies, so you can easily compare annuity rates online.
As long as you provide valid information, your guaranteed quotes are ready to purchase. Most insurers even give you a week or two to submit your application.
You’ll receive quotes from trusted insurers like:
- New York Life (A++ rated by A.M. Best)
- MassMutual (A++ rated by A.M. Best)
- Nationwide (A+ rated by A.M. Best)
- Guardian Life (A++ rated by A.M. Best)
- And many more
Your full annuity quote report includes:
- Best annuity rates available today
- Insurance company ratings from A.M. Best, Moody’s, and Standard and Poor’s (where available)
- Insurance company information
- Tips for buying your best annuity
How to Buy Your Annuity
When you’re ready, call us at (866) 866-1999. Our annuity experts will guide you through a short questionnaire on the phone and quickly send your annuity application, showing exactly where to sign or fill out information.
Once your application is submitted, our dedicated case managers will ensure your annuity is issued promptly and correctly.
With over 30 years of experience and outstanding customer reviews, we’re here to help—even if you’re just exploring your options. Use our free calculator and call our experts anytime.
What is an income annuity, and how does it work?
An income annuity is a insurance product that provides a guaranteed stream, often for life. You pay a lump sum premium to an insurance company and, in return, the insurer promises to make guaranteed payments to you. The payments can start immediately (immediate annuity) or at a future date (deferred income annuity).
Are the quotes from the calculator guaranteed?
The income amounts you see on the next page are estimates only. These are intended to help you choose which payout options you want to compare. If you fill out the simple form on the next page, you'll get guaranteed quotes from top-rated insurers.
Do I need to provide a phone number to get my quotes?
No! We do not require a phone number to run your annuity quotes. Instead, if you find an annuity you want to buy, call our U.S.-based annuity experts at (866) 866-1999
Can I get quotes for single or joint life payouts?
Yes, all you have to do is enter an age and gender for the second annuitant to get joint life quotes. On the next page, click "+ Load More Annuity Quotes" if you want to see both single and joint life options.
How accurate are the estimates from the calculator?
We try to keep our estimates as accurate as possible. However, insurance companies can change their rates without notification. To ensure you are getting the most accurate rates, we suggest you run guaranteed quotes.
Which insurance companies provide the quotes?
Our quote system surveys annuity rates from over 20 different top-rated insurance companies to bring you the best rates. We work with New York Life, MassMutual, Guardian, Nationwide, Penn Mutual, United of Omaha and more.
Can I buy an annuity from you after getting my quotes?
Yes! Just call our annuity experts at (866) 866-1999. We'll walk you through our simplified annuity-buying process. With over 30 years of experience, we've streamlined the buying process to ensure accuracy, privacy, and efficiency. We look forward to helping you.
We'd love to hear from you!
Please post your comment or question. It's completely safe – we never publish your email address.
Comments (31)
Kyle
2025-01-13 08:29:30
Hi Bernie,
Thank you for reaching out!
Yes - in "Step 2" of our calculator, you can include quotes with a cost of living adjustment (COLA) in your report. You'll just need to select what COLA percentage you would like to include.
Best regards,
Kyle
Bernie
2025-01-11 09:40:40
Is there a place we're can get idea of a inflation protection annuity
Like this calculator
Kyle
2024-09-25 12:39:26
Hi Carla,
Thank you for reaching out!
It would depend on the income option you've selected for your QLAC. In your case, you'll want to make sure you select a "Cash Refund" option (either single life or joint life). This will ensure that your beneficiary receives a full refund if you die before payments begin. Additionally, if you pass away after income has begun, but before you've received an amount equal to your premium, the difference would be paid to your beneficiary.
If you have additional questions, please call us on our toll-free number, (800) 872-6684. We'll be happy to help.
Best regards,
Kyle
Carla
2024-09-25 12:18:38
Do QLAC quotes offer a full refund if you die before the annuity starts or die before you recover what you invested?
Larisa M.
2024-08-17 16:15:55
I'd like to start an annuity but I want a simple one and nothing too complicated or confusing. I'm 39 years old and don't make a ton of money so simple is key for me. Thanks!
Kyle
2024-02-15 08:49:24
Hi Bob,
When you're ready to purchase your annuity, just give us a call on our toll-free number, (800) 872-6684.
We'll get you started with your annuity application.
Best regards,
Kyle
Bob Y.
2024-02-14 11:45:54
I see the calculator numbers .. how and where can I buy the actual product/annuity? e.g., immediate annuity
Kyle
2024-01-05 07:59:57
Hi John,
Thank you for reaching out!
The answer actually depends on the type of funds being used. If you're purchasing the annuity with after-tax dollars (checking/savings) then there is no tax penalty. However, if you're using pre-tax dollars (like a Traditional IRA or 401k) then the 10% penalty would apply to any payments received prior to age 59 1/2.
Please let us know if you have any additional questions!
Best regards,
Kyle
John
2024-01-03 19:54:14
Is it possible to purchase a 20-year period certain (not life) immediate annuity before age 59.5 (i.e. at age 58?) Or does it have to be a life term to avoid being penalized with the IRS 10% penalty?
Kyle
2023-09-27 07:46:01
Hi Ken,
Thank you for reaching out!
When you run a quote comparison using our calculator, just select "Savings" as the source of funds. The annuity report you receive will tell you exactly how much is taxable in each monthly payment.
If you have additional questions, please give us a call on our toll-free number, (800) 872-6684. We'll be very happy to help.
Best regards,
Kyle
Ken S.
2023-09-26 15:48:26
If I buy an annuity from savings that has an 10% payout rate, how do I translate into how much of the monthly payout is taxable and how much is return of premium
Kyle
2023-04-24 11:59:34
Hi John,
Thank you for reaching out!
Unfortunately, you cannot combine your Roth IRA and your wife's Roth IRA in the same annuity. You would have to purchase two separate annuities - one with each of your Roth IRAs. In the end, the income produced between the two should be the same as if you purchased one annuity.
If you have additional questions, please give us a call on our toll-free number, (800) 872-6684. We'll be very happy to help.
Best regards,
Kyle
John B.
2023-04-22 17:55:08
My wife and I are looking at Joint 100% Life Income w/ 10 Year Guaranteed annuities. We would like to fund this by rolling over Roth IRA dollars. Since the annuity will be a joint annuity, is it possible to fund it with Roth IRA dollars in both our names. Our target is a $100,000 annutity -- ideally my wife's Roth IRA would contribute about $85k and my Roth IRA would contribure about $15k. Is this sort of structure allowable? Thanks -- John B
Kyle
2023-03-31 14:11:14
Hi Antonio,
Thank you for reaching out.
This will vary depending on the age of the buyer, and interest rates at the time of purchase. However, when you run quote comparisons through our website, your quote report will show how much of each payment is taxable. I would recommend using our calculator to get an accurate representation.
Best regards,
Kyle
Antonio
2023-03-30 14:24:03
For an immediate annuity--Life with cash refund, how much of the monthly payment (assuming that is what is elected) consists of interest and how much principal? thanks
Kyle
2022-10-24 14:37:30
Hi Don,
Yes. Both Nationwide and Kansas City Life offer "4 Year Period Certain" immediate annuities.
- Kyle
Don D.
2022-10-24 11:08:11
Can you get an immediate annuity with a payout over
4 years?
Thank you
Kyle
2022-09-13 13:11:25
Hi Dennis,
Thank you for reaching out!
This is likely happening because you are delaying your payments beyond the RMD starting age (which is currently 72). If you are delaying your payments beyond the age of 72, the annuity becomes a Qualified Longevity Annuity Contract (QLAC) and has very specific rules. You can read more about them here:
https://www.immediateannuities.com/qlac-qualified-longevity-annuity-contract/
In order to be able to use your full $500k, the annuity payments would need to begin by your 72nd birthday. If you run a quote using that scenario, you should receive a full list of quotes on a $500k premium amount.
Please let us know if there's anything else we can do to help!
- Kyle
Dennis
2022-09-10 15:31:04
When I request a quote, and indicate that the source of the funds is an IRA or a pension plan even though I list the investment as 500k, the results that are returned are for 145k.
Is there some sort of limit on the investment in annuity us a qualified retirement account?
Kyle (ImmediateAnnuities.com)
2022-01-31 12:05:13
Hi Charles,
That would depend on the type of funds being used to purchase your annuity.
For example, if you are purchasing your annuity with a Roth IRA, then the payments will be tax-free. Vice versa, if you are using a Traditional IRA, the payments will be fully taxable.
Lastly, if you are using regular cash to purchase your annuity, then only the interest will be taxable.
- Kyle
charles C.
2022-01-30 13:16:46
when you take payments from your annuities, is it taxable by the IRS?
Hersh Stern (ImmediateAnnuities.com)
2019-09-23 08:39:57
Hi Keith,
There are are a few extra factors needed to know what the amount would be. For instance, I would need to know what your current date of birth is, what state you reside in, and the source of funds for the annuity.
You can use the above calculator to determine what the cost would be by inputting that information and clicking "Calculate".
-Hersh
Keith
2019-09-23 08:38:38
I want to know how much I need to bring home 1700.00 a month. And at what age. I'm retiring at January 12 2020. At the age of 56.
Hersh Stern (ImmediateAnnuities.com)
2019-04-18 11:19:12
Because cost of living adjustments (COLAs) reduce immediate annuity payments so much on the front-end, most of our clients decide not to include them. Having a COLA on your immediate annuity makes it so you have to live beyond your life expectancy to break even. That being said, we still have a number of clients who include COLAs because they believe they will live beyond their life expectancy (based on their personal health and family history).
As an alternative to purchasing an immediate annuity with a COLA, you can also stagger (or ladder) your purchases. In other words, you can purchase additional immediate annuities down the road, as needed, to cover increases to your living expenses. This method is especially beneficial if interest rates are also increasing during your laddering period.
-Hersh
Michael
2019-04-18 11:18:53
I am a 67 year old and my wife is 63. We are considering purchasing a non qualified immediate annuity with a pay in of $250,000 to $300,000. I have read pros and cons of building in a 3% annual increase (or a CPI increase) with some authors writing that the cost does not justify the benefit under either scenario.
We have other assets. This annuity would add some certainty to our income stream.
Any advice is appreciated.
Hersh Stern (ImmediateAnnuities.com)
2018-07-18 08:22:35
Hi Michael,
The survivor benefits in the quotes I sent you included the following provisions:
1. Monthly income of $1,977 will be paid to you and your wife for as long as either of you is living. This means that after the first one passes away, UNREDUCED payments will continue to the surviving spouse.
2. The cash refund feature in your quotes add the guarantee that should both you and your wife die untimely before the insurance company had paid your full $400,000 premium, the company would then send checks to your beneficiaries in the amount of the difference between $400k and how much total income you both had received while living.
For example, say you both died (at once or sequentially) and only $300k had been paid to you. The insurance company would pay the $100k balance to your beneficiaries.
3. Of course, if one or both of you are living even after $400k had been paid to you, the company would continue to pay you $1,977 for as long as one of you was living. Payments only stop after the second person ("survivor") had died and after a minimum of $400k had been paid to you and/or your beneficiaries.
-Hersh
Michael
2018-07-18 08:22:06
You sent me quotes for a $400k joint annuity. What survivor benefits apply to these quotes?
Hersh Stern (ImmediateAnnuities.com)
2015-10-19 09:34:49
Hi Tom,
Your question combines two different types of annuities which do not exist in combination. So I'll separate them into their distinct categories:
If you own a FIXED INDEXED annuity, which is a type of DEFERRED (not immediate) annuity, on your death the account value goes to your beneficiaries.
If you own an IMMEDIATE annuity (that's not an INDEXED annuity), then if you originally purchased a Cash or Installment Refund option, the remainder of the original premium not paid out to you would be paid to your beneficiaries.
PS - I'm assuming your use of the word INDEXED was not a reference to a CPI Index or cost of living adjustment.
-Hersh
Tom
2015-10-19 09:33:39
If I purchase an immediate fixed indexed annuity and I die in a few years, what happens to the remaining principle?
Hersh Stern (ImmediateAnnuities.com)
2015-06-04 11:36:43
Hi Michael,
Good to hear from you again.
You asked about the advantage of selecting a joint plan with cash refund to beneficiaries versus a single life annuity for a married man with cash refund to his wife...
The big difference is that the joint annuity would continue to make payments for as long as your wife was living. The single annuity for yourself does not make payments to your wife other than the lump sum on your death (if you died before $400k had been returned to you.)
The advantage of the single life annuity is that for as long as you're living you will receive a higher monthly amount than you would have been paid from a joint annuity which covered your wife, too.
For comparison purposes I calculated the difference to be almost $300 per month:
Single life (male) with cash refund: $2,271 (Guardian Life)
Joint life (male + female) with cash refund: $1,977 (Nat'l Integrity)
Take care and call me if you have more questions.
Hersh
Michael
2015-06-04 11:35:27
Thanks Hersh. Is there an advantage to selecting the Joint Plan with cash refund to your heirs instead of buying a single life for a married man and leave the refund to his wife?