What is an annuity?

An annuity is an insurance product that pays you periodic income payments in exchange for your premium payment. It can be used as part of your overall retirement strategy. Depending on the type of annuity, it may help you grow your retirement savings, protect your savings from loss, and offer death benefits to protect your beneficiaries. 

How to choose an annuity

Make your choice based on how your needs match up to the features of the annuity. Do you need to grow your retirement savings or are you concerned with losing principal? Or both? Do you need income that starts now or in the future? Do you want to leave a legacy to your heirs? These are some of the questions to ask yourself to determine which annuity might work for you. 

Why Voya?

Voya Financial is ready to help Americans build a secure financial future—one person, one family, one institution at a time. We are ready to make a difference—to deliver financial solutions to help all Americans become retirement ready.  

Types of Annuities+

Types of Annuities

Learn about all the different kinds of annuities and figure out which one may be right for you.

Get Started+

Get Started

Is it your first time considering an annuity? Find out the basics here.

Annuity contracts are issued by Voya Insurance and Annuity Company (VIAC) (Des Moines, IA) or Voya Retirement, Insurance and Annuity Company (VRIAC) (Windsor, CT). Registered annuities are distributed by Directed Services LLC. All are members of the Voya® family of companies.

Guarantees are based on the claims-paying ability of the respective issuing company.