Find the annuity type that fits your goals.
At My Annuity Doctor, we focus on the six annuity types that matter most for retirement planning. Each one solves a different problem. Here's how they compare — and who each type is best for.
Immediate Annuities (SPIAs)
Convert a lump sum into guaranteed monthly income that starts within 30 days. The simplest way to create a pension-like paycheck.
Deferred Income Annuities (DIAs)
Lock in a future income stream at today's rates. The longer you wait, the higher the payout. Think of it as buying a future pension.
QLACs
A special type of deferred annuity funded from your IRA or 401(k). Reduces your RMDs while providing longevity insurance.
Income Rider FIAs
A fixed index annuity with a guaranteed lifetime income rider. Your money grows with market-linked credits, and you can activate guaranteed income when you're ready.
FIAs for Accumulation
Earn interest linked to a market index — with a 0% floor that protects your principal. No fees when used purely for accumulation.
MYGAs
A guaranteed fixed interest rate for a set term — like a CD, but with tax-deferred growth and often higher rates.
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Additional annuity types for reference — these are less commonly recommended but worth understanding.
Buffered Annuities (RILAs): Market Upside with a Safety Net
Learn how buffered annuities (RILAs) provide market participation with built-in downside protection. Understand buffers, floors, cap rates, and how they compare to FIAs.
Fixed Annuities Explained: Guaranteed Rates, Predictable Growth
A complete guide to fixed annuities — how they work, how they compare to CDs, surrender periods, tax treatment, and whether a fixed annuity belongs in your retirement plan.
Variable Annuities: Investment Upside, Real Risk, and the Fee Question
An honest, in-depth guide to variable annuities — how subaccounts work, the full fee breakdown, tax-deferred growth, living and death benefits, and why these products generate so much debate.