Investment Annuity

You have the option to convert all or a portion of your Defined Contribution Plan investment account into a stream of income for life by purchasing an annuity through MetLife Institutional Income Annuities.

Two Options:

 

Annuity Option – for a stream of income when you retire 

 

Deferred Income Annuity Option – for a stream of income later in retirement, typically between the ages of 75 and 85


Additonal Resources

PA SERS Defined Contribution Plan Annuity FAQs

Preparing for Retirement

The Importance of Guaranteed Income In Retirement Planning

How to Protect Your Retirement in an Uncertain Market

Retirement Income thats as Regular as Clockwork

The Truth About Income Annuities In Your Retirement Plan

 

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To learn more about your options to convert all or a portion of your Defined Contribution Plan personal investment account into an annuity, access an annuity calculator, or request an annuity quote see the Retirement Income Center.

If you have any questions, Defined Contribution Plan Specialists are available to help: 1.800.633.5461, option 1.