Immediate Annuity

Penn Mutual Immediate Annuities

Offered by Penn Mutual Life Insurance Company

Pension-style income

Product Overview

Product Specifications

Product Type Immediate Annuity

Key Features & Benefits

  • Pension-style income

Provider Information

Penn Mutual Life Insurance Company

Founded: 1847

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Important Notice

Product information is subject to change. Rates and features shown are current as of September 2026 and may vary based on your state, age, and premium amount. Always consult with a licensed financial advisor before purchasing.

Frequently Asked Questions

Penn Mutual Immediate Annuities is a Immediate Annuity designed for retirement planning. Key differentiators include .

Penn Mutual Immediate Annuities has . Surrender charges apply if you withdraw funds during the surrender period.

The minimum premium for Penn Mutual Immediate Annuities is $10,000. This product is available for individuals aged 0-85.

Yes, Penn Mutual Immediate Annuities typically allows penalty-free withdrawals up to 10% annually. Withdrawals beyond this amount during the surrender-year surrender period may be subject to surrender charges. Always review the specific contract terms for details.

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