A new era for defined contribution plans

Introducing Allianz Lifetime Income+® Annuity with the Lifetime Income Benefit

Allianz Lifetime Income+® is a new fixed index annuity that offers guaranteed retirement income and is easily added to any defined contribution retirement plan. 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.


Growing demand from plan participants

Today more Americans are relying on their defined contribution (DC) plans to fund their essential retirement needs, and yet feel less confident in reaching their goals.


A modern solution for today’s retirement risks

Allianz Lifetime Income+® can help participants build guaranteed income within a portion of their DC plans, protect against market volatility, and help address rising costs in retirement.


Integrated participant experience

Allianz is committed to providing fully digital enrollment, guidance, and service experiences that are as simple and seamless as possible. Allianz Lifetime Income+® is easily integrated with existing enrollment, managed account, and financial wellness solutions.


A leading provider of retirement solutions

More than 1.5 million Americans rely on Allianz Life Insurance Company of North America (Allianz) to help them achieve their financial and retirement goals with guaranteed lifetime income.

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The time is now for in-plan guaranteed lifetime income

While tremendous progress has been made to help plan participants save for retirement, few plans have been able to effectively transition those savings to a lifetime stream of income – until now.

Learn more about Allianz Lifetime Income+® Annuity

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Keeping pace with evolving needs

Now more than ever, employees and even job seekers are looking to employers to help them solve their financial wellness challenges and address the financial risks they face – especially in retirement.


70% of respondents expect that most of their retirement income will come from their employer-sponsored plans.1


80% of respondents would be interested in a product that can serve as a supplemental source of guaranteed income along with Social Security.1

By offering an annuity in a defined contribution plan, you can help:

  • Drive greater employee loyalty and retention
  • Increase participants’ retirement readiness and confidence
  • Improve plan marketability and asset retention

Determine how Allianz Lifetime Income+® could help enhance your plan offerings.

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Tools & resources


Customized plan analysis

We provide access to our institutional portfolio managers and actuaries to work with you to analyze how implementing an annuity in a DC plan can help participants more efficiently plan for longevity, address volatility, and help improve quantifiable financial outcomes.


Income calculator

Try our interactive tool to see how much annual income from the Lifetime Income Benefit could be generated by Allianz Lifetime Income+® based on the information provided. This helps you visualize how participant contributions now can generate income in the future.


A trusted leader

A company that's strong


Our purpose

For more than 125 years, we have been helping Americans prepare for their financial future

Now we’re putting our depth of retirement income experience to work in a solution tailored for defined contribution plans. Designed to work for real people and the reality of retirement today, Allianz Lifetime Income+® marks a new way to design in-plan annuities with a flexible product design, streamlined connections with plan partners, and increasing income potential.


Connect with our team

Determine how Allianz Lifetime Income+® could help enhance your DC plan offerings.

1 Allianz 3Q 2022 Quarterly Market Perceptions Study, September 2022. Online survey with a nationally representative sample of 1,004 individuals age 18+ in the contiguous U.S.

Withdrawals are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.

Interactive calculators are hypothetical and for illustrative use only. Allianz Life Insurance Company of North America cannot and does not guarantee its applicability to any individual circumstances. The results are based on inputs provided by the contract holder and are not intended to represent actual performance or predict future results.

This content is for general informational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties; nor is it intended to market, promote, or recommend any tax plan or arrangement. Allianz Life Insurance Company of North America, its affiliates, and their employees and representatives do not give legal or tax advice or advice related to Medicare or Social Security benefits. You are encouraged to consult with your own legal, tax, and financial professionals for specific advice or product recommendations, or to go to your local Social Security Administration office regarding your particular situation.

Increasing income is provided through a built-in rider at no additional cost.

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 broker/dealer.