Everything You Want from an Annuity, Nothing You Don’t
Enjoy income you can count on, without a medical exam or upfront fees. It’s a better solution than traditional annuities, plus exclusive benefits for you, because you’re part of the military community.
ANNUITYLife® Is a Better Choice for You
Anticipating and preparing for your retirement is critical to ensuring your financial security — and annuities can offer the stable peace of mind you need. ANNUITYLife® is a safe and affordable way to get secure, lifetime income from your retirement savings, without the concerns you might have about traditional annuities.
ANNUITYLife is a Modified Endowment Contract (MEC) that allows premiums to be paid into a life insurance policy more quickly than normal. MECs grow tax-deferred and provide a tax-free death benefit, making them a beneficial alternative to traditional annuities. When you annuitize, you convert your investment into a guaranteed income stream that ensures your money lasts as long as you do.
ANNUITYLife® Is Different
How It Works
ANNUITYLife is a Modified Endowment Contract (MEC) that allows premiums to be paid into a life insurance policy more quickly than normal. MECs grow tax-deferred and provide a tax-free death benefit, making them a beneficial alternative to traditional annuities. When you annuitize, you convert your investment into a guaranteed income stream that ensures your money lasts as long as you do.
Exclusive Advantages
Who Can Apply?
John P., Member
Want to Know More?
Look below for answers to some of the deeper questions you may have about ANNUITYLife®. If you can’t find the information you’re looking for here, give us a call to speak directly with a Membership Coordinator.
How is ANNUITYLife® different from traditional annuities?
What happens if I pass away before annuitizing?
Is a medical exam required to apply for ANNUITYLife®?
How much does an ANNUITYLife® policy cost?
Not All Annuities Are the Same
Creating a guaranteed income that you can’t outlive doesn’t have to cost you a lot in fees and commissions. Learn more about annuities and how ANNUITYLife® is a better alternative.
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*Armed Forces Mutual's crediting rate for ANNUITYLife® is currently 4.5% for 2025, minus an administrative cost, currently 0.75% for a net current return of 3.75%. This rate is NOT guaranteed and is subject to change. The guaranteed crediting rate is 2.5%, minus the administrative fee for a net guaranteed return of 1.75%. ANNUITYLife is a life insurance policy. It is not long-term care insurance.
ANNUITYLife policies are Modified Endowment Contracts (MECs) subject to the Technical and Miscellaneous Revenue Act of 1988 (TAMRA). Under TAMRA, you may owe taxes and penalties if you surrender or take a loan against the cash value in the policy. Please read important tax information here. Armed Forces Mutual does not provide tax advice. If you have questions about the tax implications of this product or other life insurance products you own, please consult a qualified tax professional.
The U.S. Government does not sanction, recommend, or encourage the sale of this product. Subsidized life insurance may be available from the Federal Government.

