DIA’s are deferred income annuities, also known as longevity annuities. The income stream is delayed for a certain period of time (more than a year) as specified in the contract.


Monthly payments are determined by the amount of the premium that was paid, the age of the contract owner, the length of deferral after the premium deposit and the date and timeframe in which the income stream will be realized.


A quoted interest rate that remains fixed over the entire time period of the annuity

Income payments that aren’t impacted by market fluctuations

Strong options for those who are concerned about outliving their assets


No FDIC protection

In most cases, the premium is traded for the assurance of future income; this is not a liquid investment

Some annuity contracts offer a death benefit, and others do not; research before making a deposit on a premium.