The Allianz Lifetime Income+® Annuity helps participants build guaranteed lifetime income through their employer-sponsored retirement plan, providing a foundation of income that can stay with them as careers and retirement needs evolve.
Participants direct a portion of their contributions to the annuity, and guaranteed lifetime income has the potential to build the same way the rest of their retirement savings do – gradually, over years, inside the plan they already have.
Allianz Lifetime Income+® is designed to fit seamlessly within an employer-sponsored plan either as a standalone option or integrated within managed accounts.
Most participants would rather contribute gradually through payroll deductions than purchase an annuity with a lump sum at retirement.
The majority (66%) of participants interested in an in-plan annuity prefer a solution that combines guaranteed lifetime income, protection from market loss, and growth potential (up to a limit) to help address rising costs.1
As a fixed index annuity (FIA), that’s exactly what Allianz Lifetime Income+® is designed to offer:
Unlike direct investments in stocks, bonds, or equities, participants are not exposed to market risk. Instead, interest is credited based on the performance of an external market index, such as the S&P 500® Index, up to a cap or other limit.
Protected from market losses2 while providing guaranteed lifetime income with potential for increases.
No forced annuitization. After age 60, participants decide when and how to access lifetime income.
Participants keep the same contract, benefits, guarantees, and in-plan pricing, even if they change jobs or their plan changes recordkeepers.
Allianz Lifetime Income+® is designed to fit within the enrollment, managed account, and participant engagement experiences already in place, helping participants build guaranteed lifetime income without adding complexity for plans.
Allocations begin, typically 10-15 years before retirement.
Contributions and potential credited interest help grow contract value over time.
Two bonuses help increase lifetime income potential.
After age 60, participants can choose when to begin receiving guaranteed lifetime income, with opportunities for income increases based on any credited interest.
Retirement shouldn't mean trading one uncertainty for another. It should mean knowing where income will come from after the last paycheck.
See how much income could be generated by Allianz Lifetime Income+® based on information you provide.
Help participants prepare for retirement with a solution designed to create income they can count on for life.
1 The State of Lifetime Income Participant Survey, conducted by the Allianz Center for the Future of Retirement® in November-December 2025 with a nationally representative sample of 2,729 respondents aged 18+ who are currently contributing to an employer-sponsored retirement plan. The Allianz Center for the Future of Retirement® products insights and research as part of Allianz Life Insurance Company of North America.
2 Fees and charges may still reduce contract value.
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.
Distributions may be subject to a withdrawal charge. Distributions are subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax.
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
Annuities and life insurance are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. (C64712-MVA)
This content does not apply in the state of New York.
Product and feature availability may vary by state and retirement plan.
