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Principal Deferred Income Annuity

A Principal Deferred Income AnnuitySM allows your clients to put money aside now so they’ll have a steady stream of income later. When they purchase a deferred income annuity, they choose when to begin and how often they want to receive income. Flexible premiums allow for higher lifetime income payments. There are also optional riders available to help income payments keep up with inflation.

In addition, our deferred income annuity product can also be purchased as a qualifying longevity annuity contract – commonly known as a QLAC. A QLAC allows your client to defer taking RMDs from a portion of their qualified assets until as late as age 85. Few other qualified investments offer this opportunity.

Important Information

Contract rider descriptions are not intended to cover all restrictions, conditions or limitations. Refer to rider for full details.

Guarantees are based on the claims-paying ability of Principal Life Insurance Company.

Not FDIC or NCUA insured. May lose value. Not a deposit. No bank or credit union guarantee. Not insured by any federal government agency.

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