Income for life.
One less question to carry into retirement.

Retirement comes with enough questions. With the Allianz Lifetime Income+® Annuity, income doesn’t have to be one.

For decades, participants know where their income comes from: a steady paycheck. Retirement changes that equation.
But while paychecks may end, the need for income doesn't.

The challenge isn't just saving for retirement.
It's living in retirement.

For decades, the retirement industry has focused on helping participants accumulate savings – and accumulation matters. But building a retirement balance is not a plan for spending it.

The concern is real: 67% of Americans say they worry more about running out of money than they do about dying,1 which raises a question accumulation alone can’t answer:

How do I turn retirement savings into income that lasts?

Available within a defined contribution (DC) plan, Allianz Lifetime Income+® is a fixed index annuity (FIA) designed to help bridge that gap between saving and spending with guaranteed lifetime income, something that traditional investments simply don’t provide.

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Why lifetime income? Why now?

The retirement landscape is changing. Participant expectations are changing with it.

As more participants approach retirement, plan sponsors are often being asked to help them do more than save. They want help turning savings into income that can last throughout retirement.

What’s driving the shift?

  • More retirees. 1 in 5 Americans will be age 65 or older by 2030.2
  • More support. Legislative and regulatory changes have made it more practical for plans to offer in-plan guaranteed lifetime income solutions.
  • More uncertainty. Longer retirements – due to longer lifespans – mean more years of spending, with inflation and market volatility making it harder for savings to keep pace. 

Add lifetime income without changing what already works

Allianz Lifetime Income+® helps address the demand for guaranteed lifetime income without introducing additional complexity to the plan.

Designed to fit seamlessly into 401(k), 403(b) or 457 plans.

  • No additional charge for the plan sponsor
  • A simple addition to the existing plan lineup
  • No disruption to the current plan structure or fees
  • Available as a standalone option or through managed accounts

Allianz supports you every step of the way

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Custom plan analysis

We help demonstrate the value and potential impact of Allianz Lifetime Income+® for your plan – or your clients' plans.

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Research and market insights

Access research and timely perspectives from the Allianz Center for the Future of Retirement®.

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Complimentary education

Our team helps support plan sponsor and participant education and training.

Income designed to last requires a company built to last

A guarantee is only as durable as the company behind it. Helping participants prepare for life after their last paycheck takes more than a product. It takes a company with the financial strength, experience, and commitment to deliver on its promises over time.

For more than 125 years, Allianz has helped people prepare for what's ahead while continuing to innovate for evolving retirement needs.

  • Named the 2026 Best Overall Annuity Company by Forbes Advisor.3
  • Our more than $154 billion portfolio consists of 98% investment grade securities, and we manage our investments to achieve results over time, not overnight.4
  • Our parent company, Allianz SE, is the #1 global insurance brand and serves around 97 million customers in nearly 70 countries.5
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When paychecks end, certainty matters.

Retirement should be a time to focus on what’s ahead – not to wonder where income will come from next. Allianz Lifetime Income+® helps participants turn a portion of their retirement savings into guaranteed income that cannot be outlived.

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1 The 2026 Annual Retirement Study of individuals age 25+ with an annual household income of $50K+/$75K+ (single/married) OR investable assets of $150K+. The study was conducted by the Allianz Center for the Future of Retirement®, which produces insights and research as part of Allianz Life Insurance Company of North America.

2 1 in 5 Americans to be 65 years old or older by 2030, S&P Global, November 2024.

3 Best Annuity Companies of 2026. Forbes. June 11, 2026.

4 Data as of 12/31/2025. Other investments include equities, partnerships, real estate, COLI, RSUs, and loans. Excludes derivatives and securities lending.

5 Interbrand, Best Global Brands 2025, October 2025.

For institutional use only – not for use with the public.

Fixed index annuities are designed to meet long-term needs for retirement income. They provide guarantees against the loss of principal and credited interest, tax-deferred accumulation potential, and the reassurance of a death benefit for beneficiaries.

This content is for general educational purposes only. It is not intended to provide tax or legal advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Allianz Life Insurance Company of North America, its affiliated companies, and their representatives and employees do not give tax or legal advice, or advice related to Social Security or Medicare. Clients are encouraged to consult their tax advisor or attorney, or Social Security Administration (SSA) office, for their particular situation.

Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.

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

Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. (C64712-MVA)

Product and feature availability may vary by state and retirement plan.