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Immediate Income Annuity

The Principal Income Annuity allows clients to deposit a single lump-sum of money into the contract and in exchange receive a guaranteed income stream for a certain time period.* Clients can receive payments for life, or for the length of time they choose. Payments can begin within one year of issue.


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

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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