American General life insurance companies are leaders in the life insurance industry providing innovative products and services to over eight million customers.
SPIAs … immediate annuities … payout annuities … income annuities …. No matter what you call them, they mean the same. Whatever the name, an income annuity is the only financial product that can ensure that you’ll have an income for as long as you live. Income annuities also have many other uses; however, they are frequently used as a solution for funding retirement.
Learn more about immediate annuities.