Consider an annuity for lifetime income

You can use an annuity to help meet your spending needs in retirement and reduce the risk that you'll outlive your money. We work with highly rated insurance companies to offer you competitive rates on immediate annuities (also known as income annuities).* With our Vanguard Variable Annuity, you can also choose the lifetime withdrawal benefit, an option you can add for an additional fee when you feel the time is right.

Immediate fixed annuities

An immediate fixed annuity offers:

Guaranteed payments for life or for a specified number of years for yourself or you and your spouse.**
Protection from market downturns.
Payments that can be indexed to inflation.

›: How immediate fixed annuities work
›: Compare annuity choices for retirement income


		Get a quote now Vanguard Annuity Access™, in collaboration with the Income Solutions® platform, provides you with quotes in minutes from well-known insurance companies, as well as comparisons of annuity features. To obtain a quote, Vanguard clients should log on to vanguard.com. All others should call 800-357-4720. Our noncommissioned, licensed specialists can assist you in making a purchase. Get a quote »

Vanguard Variable Annuity with a lifetime withdrawal benefit

Consider the Vanguard Variable Annuity with the Guaranteed Lifetime Withdrawal Benefit (GLWB) rider if you're looking for income for life but want to retain access to your investment.

Here are some features of the GLWB:

You don't have to irrevocably surrender money as you do with immediate annuities.
Your withdrawals can go up if the markets rise, but will never go down (unless you exceed your annual withdrawal amount, which could reduce or eliminate the benefit provided by the rider).
You have access to your money at all times.†
Your income is guaranteed by the issuer.**
You invest in three designated low-cost Vanguard portfolios.

Unlike with many similar products, you can purchase the GLWB at any time prior to age 90—either when you first buy the Vanguard Variable Annuity or sometime down the road when you're ready for an income stream.

You'll pay an additional 0.95% of the total withdrawal base for the rider (2% maximum).†† Our annuity associates can help you determine if a Vanguard Variable Annuity with the GLWB is appropriate for you.

See how the GLWB works »

Call us at 800-357-4720

Immediate variable annuities

An immediate variable annuity offers:

Income for life with growth potential.
Investments in a selection of Vanguard investment options.
Payments that can rise (or fall) with the performance of the underlying securities.

Get a quote through American General

You'll be directed to the website for American General Life Companies, the insurer offering an immediate variable annuity featuring Vanguard investments.

Get a quote »

** Product guarantees are subject to the claims-paying ability of the issuing insurance company.

Get started

: Talk to an annuity specialist at
800-357-4720

Retirement income planning

In addition to annuities, you have other options for securing retirement income.
Find out more »

Forms and brochures

Immediate annuities

: Immediate fixed annuity brochure
: Immediate variable annuity brochure

Deferred annuities

: Deferred variable annuity (Vanguard Variable Annuity) brochure and application
: Deferred fixed annuity fact sheet
: Guaranteed Lifetime Withdrawal Benefit brochure

* Ratings of the insurance company do not apply to the Vanguard portfolios and do not provide protection against investment risk.

† If you take withdrawals from a variable annuity prior to age 59½, you may have to pay ordinary income tax plus a 10% federal penalty tax.

†† Annual fee as of October 2011.

Variable annuities are long-term investment vehicles designed for retirement purposes. They contain underlying investment portfolios that are subject to investment risk, including possible loss of principal.

The Vanguard Variable Annuity is a flexible-premium variable annuity issued by Monumental Life Insurance Company, Cedar Rapids, Iowa (NAIC No. 66281), and in New York State only, by Transamerica Financial Life Insurance Company, Harrison, New York (NAIC No. 70688). Form No. VVAP U 1101 (in Florida, Form No. VVAP U 1101 (FL), and in New York VVA NY 0208). GLWB Rider Form No. RGMB 43 0811 (in Florida, RGMB 43 0811 (SI)(FL), RGMB 43 0811 (JT)(FL), and in New York RGMB 43 0811 (SI)(NY)(REV), RGMB 43 0811 (JT)(NY)(REV)),without agent representation. Policy and rider form numbers may vary by state and may not be available in all states. The Vanguard Group administers the Vanguard Variable Annuity for the issuer. Its variable annuity and investment costs rank among the lowest in the industry, according to Morningstar, Inc., December 2011. The Vanguard Group's home office and domicile is Valley Forge, Pennsylvania (in California, DBA Vanguard Administrators, Inc., license number 0B91453). The Vanguard Group, Monumental Life Insurance Company, and Transamerica Financial Life Insurance Company do not provide tax advice. Investors are encouraged to consult a tax advisor for information on how annuity taxation applies to their individual situations.

This webpage is not approved for advertising in Oregon and may not be approved for Georgia, Mississippi, and Oklahoma.

Vanguard Annuity Access is offered in collaboration with Hueler Investment Services, Inc., through the Income Solutions platform. Income Solutions is a registered trademark of Hueler Investment Services, Inc., and used under license. United States Patent No. 7,653,560. Vanguard Annuity Access is provided by Vanguard Marketing Corporation, d/b/a VMC Insurance Services in California.

The Immediate Variable Annuity is issued by American General Life Insurance Company of Delaware, Wilmington, Delaware, and in New York, The United States Life Insurance Company in the City of New York. Master Group Form No. 11GVIA1000, Certificate No. 16GVIA1000, Individual Contract No. 16IVIAO403. In New York, Master Group Form No. 21GVIA1000, Certificate No. 26GVIA1000. These product specifications are not intended to be all-inclusive of product information. State variations may apply. Please refer to the annuity contract for complete details. USL is authorized to conduct insurance business in New York. Annuities and riders not available in all states.

5115 (03/12)


		Your input was invalid