California SPIA Payouts This Week: Pacific Life and American National Move Up (October 19, 2026)
October 19, 2026 · Kevin Edwards, California-licensed annuity agent (License #0D42517)
California SPIA payouts moved up a little this week at two of the four carriers I quote. Pacific Life raised its monthly income on a $100,000 single premium immediate annuity by about $16 to $18 at every age, and American National raised its payouts by about $10 to $12. Securian Financial and Symetra quoted exactly the same amounts as on October 12. Securian still has the best life-only income for a single man or woman at 65, 70 and 75, so the top quote for a 70-year-old man is unchanged at $749.67 a month.
What Changed This Week
| Carrier | 70-year-old man, life only (Oct 12) | This week (Oct 19) | Change | Range across all 18 quotes |
|---|---|---|---|---|
| American National Insurance Company | $681.53 | $692.75 | +$11.22 (1.65%) | +$10.23 to +$11.58 |
| Pacific Life Insurance Company | $712.47 | $730.09 | +$17.62 (2.47%) | +$15.93 to +$18.27 |
| Securian Financial | $749.67 | $749.67 | No change | No change |
| Symetra Life Insurance Company | $681.53 | $681.53 | No change | No change |
The only change at the top of the table: for a 65-year-old couple, Pacific Life now pays the most, $568.23 a month life only (up from $550.51), just ahead of Securian Financial at $567.01. With 10 years certain, Pacific Life’s $567.57 also edges out Securian’s $566.24. Every other best payout is the same as last week.
Best Payouts This Week (per $100,000)
| Age | Annuitant | Best life only | Carrier | Best life + 10 years | Carrier |
|---|---|---|---|---|---|
| 65 | Man | $668.73 | Securian Financial | $648.70 | Securian Financial |
| 65 | Woman | $638.61 | Securian Financial | $624.18 | Securian Financial |
| 65 | Couple (joint) | $568.23 | Pacific Life Insurance Company | $567.57 | Pacific Life Insurance Company |
| 70 | Man | $749.67 | Securian Financial | $711.98 | Securian Financial |
| 70 | Woman | $707.85 | Securian Financial | $681.10 | Securian Financial |
| 70 | Couple (joint) | $620.99 | Securian Financial | $618.68 | Securian Financial |
| 75 | Man | $878.09 | Securian Financial | $795.74 | Securian Financial |
| 75 | Woman | $815.74 | Securian Financial | $759.55 | Securian Financial |
| 75 | Couple (joint) | $692.13 | Securian Financial | $684.04 | Securian Financial |
$10,000 and $1,000,000 Quotes
This week I also ran the same scenarios at $10,000 and $1,000,000. Only Securian Financial quoted a $10,000 premium; American National, Pacific Life and Symetra did not. Securian’s $10,000 quote for a 70-year-old man is $72.34 a month, about 3.5% less than a tenth of its $100,000 quote, so small premiums buy a bit less income per dollar. All four carriers quoted $1,000,000, and the best quote for a 70-year-old man was $7,523.03 a month, about 0.4% more than ten times the $100,000 figure. See how much a $10,000 annuity pays and how much a $1,000,000 annuity pays.
Coming Up
AnnuityRateWatch shows a rate change scheduled for Protective Life on Oct 20, 2026. Protective Life isn’t one of the four carriers that quoted SPIAs for California this week, so I don’t expect it to change these tables.
These are sample quotes, and a payout rate is not an interest rate: each payment includes part of your own premium coming back to you. The full tables for ages 65, 70 and 75, for men, women and couples, are on the California SPIA rates page. If you’d like quotes for your own age and amount, request a free annuity quote.
Source: AnnuityRateWatch.com SPIA quotes via AIP Marketing Alliance, run October 19, 2026 for California residents: non-qualified premium, monthly payments beginning November 19, 2026, no cost-of-living adjustment; joint quotes for a male and female of the same age. Quotes are illustrative, change without notice, and must be verified with the issuing carrier at application.
Kevin Edwards, Integrity Now Insurance Brokers. California Insurance License #0D42517. Annuities are insurance products, not bank deposits, and are not FDIC insured. Income payments are guaranteed by the financial strength and claims-paying ability of the issuing insurance company. A single premium immediate annuity is irrevocable once payments begin, and the premium generally cannot be withdrawn. This post is for educational purposes and is not tax or legal advice.
