Start your annuity income conversation.
No fabricated numbers here — a licensed advisor prices your real VA PRP conversion once we know your basics. Tell us where to send it.
The Basics
An annuity isn't complicated.
It's a contract with an insurance company: you hand over money, and the insurer guarantees you income later — usually for the rest of your life. That's it. The reputation this product category has comes from how it's sold, not what it is. We're not going to change your mind with a slick page; we're going to tell you what it is straight and let a licensed advisor handle the rest.
People convert savings into an annuity for one of three reasons: they don't want retirement income riding on the market, they don't want to outlive their savings, or they want a payment that keeps pace instead of quietly losing ground to inflation. VA PRP — converting an existing 401(k) or IRA, including a TSP balance rolled into an IRA — addresses the first two directly.
Built For Veterans
Your TSP, converted to guaranteed income.
You spent a career putting money into the TSP. This is how that turns into income you can't outlive.
The Thrift Savings Plan is the retirement account every service member builds throughout a career — the military's version of a 401(k). Whether you served 4 years or 20, that balance is real money sitting there.
When you separate or retire, most veterans roll some or all of their TSP balance into an IRA — a standard, common move that keeps the money tax-deferred and gives you more control over where it goes next.
From that IRA, VA PRP converts some or all of it into an annuity — a contract that pays you guaranteed income later, usually for life, instead of leaving that money exposed to whatever the market does in the years you actually need it.
Most 20-year retirees leave service in their 40s with 30-40 years of retirement ahead of them — a long runway for market risk to actually matter. Pairing guaranteed annuity income with VA disability compensation and any pension means less of your retirement depends on how the market's doing in any given year. That's the whole case for it — not a sales pitch, just the math.
This isn't an instant quote. VA PRP is carrier-illustrated — we don't show a projected payout or rate on this page because we don't have one to show you honestly. Submit your info below and a licensed advisor runs the real carrier numbers with you directly. Nothing is bound or charged from this form.
Frequently Asked Questions
A contract with an insurance company: you hand over money (a lump sum or a series of payments), and in exchange the insurer guarantees you income later — usually for life. It's the opposite of most investing, where growth and risk are both yours to carry. An annuity moves some of that risk onto the insurer's balance sheet instead of yours.
Depends what you're optimizing for. Staying invested keeps full market upside — and full market downside. Guaranteed income trades some of that upside for a payment that doesn't move no matter what the market does, and that you can't outlive. Neither is universally right; it's a real tradeoff your advisor runs against your actual numbers, not a generic pitch.
Because we don't have a real one to show you yet. VA PRP is carrier-illustrated, and we'd rather tell you that plainly than put a placeholder number on the screen and let you assume it's a quote. Submit your info and a licensed advisor runs the actual carrier numbers with you directly.
No. Nothing is bound or charged from this form — it starts a conversation. Because VA PRP is an annuity/cash-value product, every application is routed through a suitability review (NAIC Model #275) before an advisor can move forward with you, which means someone has to confirm this actually fits your situation first. That's a built-in check, not optional paperwork.
No. The amount above is a starting point for the conversation, not a commitment. Your advisor works out the real allocation with you against your actual balance and goals — most people convert a portion, not the whole account.
Yes, indirectly. VA PRP converts an existing 401(k) or IRA — it doesn't pull from the TSP directly. The standard path is rolling some or all of your TSP balance into an IRA when you separate or retire (a routine, common move), then converting from that IRA. If you haven't rolled it over yet, your advisor can walk you through that step first.