Secure a steady stream of retirement income payments with an income annuity. Choose an annuity that provides income immediately, or one that guarantees income starting at a future date.1, 2 

Key Features

  • Income may be guaranteed for your lifetime
  • Income can be immediate or deferred until a future time
  • Some products help you increase your retirement income payments
  • Take advantage of favorable tax treatment of annuity payments
  • Protect your survivors by selecting a beneficiary to receive all remaining benefits due 


Annuities are issued by Voya Insurance and Annuity Company (Des Moines, IA), member of the Voya® family of companies.

All withdrawals reduce the death benefit and may reduce the value of any optional benefits. Early withdrawals and other distributions of taxable amounts may be subject to ordinary income tax, a surrender charge, and if taken prior to age 59½, an IRS 10% premature distribution penalty tax unless an exception applies. Federal law requires that withdrawals be taken first from interest credited. A withdrawal includes any partial surrender. All distributions from qualified annuities may be taxable. State premium taxes may reduce the final value of your annuity.

IRAs and other qualified plans already provide tax deferral like that provided by an annuity. Additional features and benefits such as contract guarantees, death benefits and the ability to receive a lifetime income are contained within the annuity for a cost. Please be sure the features and costs of the annuity are right for you when considering the purchase of the annuity.

Neither the company nor its agents or representatives can provide tax, legal or accounting advice. Please consult your attorney or tax advisor about your specific circumstances.

The contract does not directly participate in any stock or equity products.   

1Guarantees are based on the claims-paying ability of Voya Insurance and Annuity Company (VIAC).

2Annuity income is defined as a series of periodic payments, a part of which may be return of your premium or principal, which is guaranteed by the issuing insurance company for a specified period of time or for the life of the annuitant.