Immediate Annuity Rates at Age 75 — August 2026
As of August 2026, a $100,000 single premium immediate annuity (SPIA) pays a 75-year-old man up to $873/month for life, a 75-year-old woman up to $810/month, and a 75-year-old couple up to $722/month with 100% continuing to the survivor — single life with a 5-year period certain, best of 8 A-rated carriers, from actual carrier quote surveys.
SPIA Payouts at Age 75: Best, Average and Lowest (August 2026)
Monthly income per $100,000 premium across the 8 A-rated carriers we survey — single life with a 5-year period certain, income starting one month after purchase. Joint = 100% survivor benefit, both spouses age 75.
| Age 75 | Best of 8 | Average of 8 | Lowest of 8 | Best annual rate |
|---|---|---|---|---|
| Male | $873/mo | $826/mo | $769/mo | 10.5% |
| Female | $810/mo | $772/mo | $709/mo | 9.7% |
| Joint (couple, both 75) | $722/mo | $687/mo | $633/mo | 8.7% |
Annual rate = 12 × best monthly payment ÷ $100,000. Part of every payment is return of principal, so this is an income rate, not an investment yield.
Best Monthly Income at Age 75 by Premium
Highest quote among our 8 carriers, scaled from the per-$100,000 rate. Click a premium for the full payout guide at that amount.
| Premium | Male, 75 | Female, 75 | Joint, both 75 |
|---|---|---|---|
| $100,000 | $873/mo | $810/mo | $722/mo |
| $250,000 | $2,183/mo | $2,025/mo | $1,805/mo |
| $500,000 | $4,365/mo | $4,050/mo | $3,610/mo |
| $1,000,000 | $8,730/mo | $8,100/mo | $7,220/mo |
Per year: $26,190 for a man, $24,300 for a woman and $21,660 for a couple on $250,000. Premiums above $250,000 usually run past a state guaranty association limit and are split across two carriers. Any premium and age: annuity calculator.
All 8 Carriers at Age 75 (August 2026)
Every quote in this month's survey for a 75-year-old, per $100,000. The best figure in each column is highlighted; the spread between best and lowest for a man is 12%.
| Carrier | AM Best | Male | Female | Joint |
|---|---|---|---|---|
| New York Life | A++ | $862/mo | $810/moBest | $706/mo |
| Nationwide | A+ | $873/moBest | $804/mo | $719/mo |
| Western & Southern | A+ | $842/mo | $801/mo | $722/moBest |
| Athene | A+ | $854/mo | $784/mo | $704/mo |
| Penn Mutual | A+ | $831/mo | $789/mo | $717/mo |
| Pacific Life | A+ | $798/mo | $754/mo | $654/mo |
| Mutual of Omaha | A+ | $777/mo | $726/mo | $633/mo |
| Lincoln Financial | A | $769/mo | $709/mo | $640/mo |
The top carrier differs by sex and by payout option, which is why we quote all 8 rather than defaulting to one. Full tables: male · female · joint · all rates.
Buying an Immediate Annuity at 75: Where the Payout Rate Gets Serious
Seventy-five is the age at which many clients who "never liked annuities" change their minds. The best male quote is $873/month per $100,000 — a 10.5% annual payout rate — roughly 29% more than the same $100,000 buys at 65. Women receive up to $810 and couples $722. Guaranteed income at that level is very hard to replicate with bonds or CDs without spending principal, which is exactly what a SPIA does for you in an orderly, insured way.
The typical 75-year-old buyer is replacing maturing CDs or a bond ladder with income that cannot run out, covering a known recurring cost — in-home care, a retirement-community fee, a spouse's medications — or simplifying finances so a surviving spouse is never left managing a portfolio. Because heirs are usually front of mind at this age, we price the 5-year certain (our tables), a 10-year certain and a cash-refund version side by side; the guarantees cost a little more at 75 than at 65 because they cover a larger share of the expected payment period. Premiums above $250,000 should also respect your state guaranty association limit, which usually means splitting across two of the A-rated carriers we quote.
What waiting until 80 buys
In this month's surveys the best male quote at 80 is $1,041/month per $100,000 — $168 more than at 75, a 19.2% increase (women: $810 → $962, +18.8%; couples: $722 → $837, +15.9%). Two cautions before you wait for it. First, the comparison assumes today's rates hold — carriers reprice with bond yields, and a quote locks for only 7–14 days. Second, waiting means skipping 60 payments of $873, or $52,380 of income per $100,000; ignoring anything the money earns in the meantime, it takes about 26 years of the higher payment to recover that. The fairer comparison — a CD or MYGA now and a SPIA at 80, or a deferred income annuity bought today — is one we run for clients on request. The calculator shows both ages at your own premium, and the age-80 page has the full carrier table.
Payout options at 75
Every figure on this page is single life (or joint life) with a 5-year period certain, income starting one month after purchase. A life-only contract pays slightly more — about ~3.5% more for a 75-year-old man — because payments simply stop at death. For the same 75-year-old man, a 10-year period certain pays about ~12% less than life only and a cash refund about ~15% less. The cost of those guarantees rises with age because they cover a larger share of the expected payment period. Figures marked ~ are modeled from published carrier payout tables (ImmediateAnnuities.com, February 2026 — the same ratios as our payout-options guide), not from our own surveys, and exact pricing varies by carrier, so we quote the options side by side; the trade-offs are explained in annuity payout options.
Joint figures
The joint column assumes 100% of the payment continues to the surviving spouse and that both spouses are 75. A younger spouse lowers the payout; a 75% or 50% survivor level raises the starting payment in exchange for a smaller check after the first death. Household expenses rarely fall by half when one spouse dies, but one Social Security check disappears, which is why we most often recommend the 100% level. Full joint tables: joint annuity rates.
Frequently Asked Questions
How much does a $100,000 immediate annuity pay a 75-year-old?
As of August 2026, the best of the 8 A-rated carriers we survey pays a 75-year-old man $873 per month per $100,000 (single life with a 5-year period certain), a 75-year-old woman $810 per month, and a 75-year-old couple $722 per month with 100% continuing to the survivor. The average across all 8 carriers is $826, $772 and $687 respectively, and the lowest quotes are $769, $709 and $633. On a $250,000 premium the best male quote is $2,183 per month.
Is 75 a good age to buy an immediate annuity?
Seventy-five is a very good age to buy for income: as of August 2026 a $100,000 SPIA buys a man up to $873/month, a woman $810 and a couple $722 — a 10.5% annual payout rate for a man that CDs and bonds cannot match without spending principal. The trade-off is that a larger share of each payment is return of your own money, so buyers who care about heirs usually price a 10-year certain or cash-refund option alongside the 5-year certain shown here. Waiting to 80 lifts the best male quote to $1,041/month, but few 75-year-olds who need income are better off waiting.
How much do SPIA quotes differ between carriers at age 75?
In our August 2026 surveys the best and lowest quotes for a 75-year-old man on identical contracts were $873 and $769 per month per $100,000 — a 12% spread. On a $250,000 premium that is about $3,120 a year, every year, for life. Quotes lock for only 7–14 days and carriers reprice with bond yields, so compare all 8 carriers on the same day and commit within one window.
Bottom line: as of August 2026 the best immediate annuity rate at age 75 is $873/month per $100,000 for a man, $810 for a woman and $722 for a couple — 10.5% a year for a man, guaranteed for life. Rates differ by 12% between the best and lowest of the 8 A-rated carriers we quote, so the single most valuable step is a same-day comparison. New to SPIAs? Start with what a SPIA is.
Get Your Personal Age-75 Rate
Rates shown are best-available quotes per $100,000. Your exact figure depends on your state, premium and payout option — see it in 2 minutes, no obligation, or run the numbers first in the annuity calculator.
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