North Carolina Annuity Rates & Guide
North Carolina is an increasingly popular retirement destination with moderate taxes, a mild climate, and 1.8 million residents over 65 seeking guaranteed retirement income.
Key Facts for North Carolina Annuity Buyers
Tax Treatment of Annuity Income in North Carolina
North Carolina taxes annuity income at a flat rate of 4.5% (2026). Social Security is exempt from state tax, but annuity distributions are taxed as ordinary income.
Remember that federal taxes still apply regardless of your state. For non-qualified annuities, only the earnings portion is taxed (the "exclusion ratio" shelters your original investment). For qualified annuities funded with pre-tax money, 100% of each payment is taxable at the federal level. Read our complete tax guide for details.
Male Annuity Rates in North Carolina
Monthly income from a $100,000 SPIA for men. Rates are the same regardless of state — what differs is the after-tax amount you keep.
Male Monthly Income Rates
Updated March 2026| Carrier | Rating | Age 55 | Age 60 | Age 65 | Age 70 | Age 75 | Age 80 |
|---|---|---|---|---|---|---|---|
| New York Life | A++ | $535/mo | $575/mo | $632/mo | $712/mo | $825/mo | $988/mo |
| MassMutual | A++ | $520/mo | $558/mo | $615/mo | $695/mo | $808/mo | $970/mo |
| Pacific Life | A+ | $528/mo | $565/mo | $622/mo | $702/mo | $815/mo | $978/mo |
| Prudential | A+ | $515/mo | $552/mo | $608/mo | $688/mo | $798/mo | $960/mo |
| MetLife | A+ | $522/mo | $560/mo | $618/mo | $698/mo | $810/mo | $972/mo |
| Lincoln Financial | A+ | $510/mo | $548/mo | $605/mo | $685/mo | $795/mo | $958/mo |
| Nationwide | A+ | $518/mo | $555/mo | $612/mo | $692/mo | $802/mo | $965/mo |
| Allianz | A+ | $530/mo | $570/mo | $628/mo | $708/mo | $820/mo | $982/mo |
Rates updated March 2026. Based on $100,000 premium. Your exact rate may differ — request a personalized quote.
Female Annuity Rates in North Carolina
Monthly income from a $100,000 SPIA for women. Women receive lower monthly payments but benefit from longer total income periods.
Female Monthly Income Rates
Updated March 2026| Carrier | Rating | Age 55 | Age 60 | Age 65 | Age 70 | Age 75 | Age 80 |
|---|---|---|---|---|---|---|---|
| New York Life | A++ | $510/mo | $545/mo | $598/mo | $672/mo | $778/mo | $932/mo |
| MassMutual | A++ | $495/mo | $530/mo | $582/mo | $656/mo | $762/mo | $915/mo |
| Pacific Life | A+ | $502/mo | $538/mo | $590/mo | $664/mo | $770/mo | $922/mo |
| Prudential | A+ | $490/mo | $525/mo | $578/mo | $650/mo | $755/mo | $908/mo |
| MetLife | A+ | $498/mo | $535/mo | $586/mo | $660/mo | $765/mo | $918/mo |
| Lincoln Financial | A+ | $485/mo | $522/mo | $575/mo | $648/mo | $752/mo | $905/mo |
| Nationwide | A+ | $492/mo | $528/mo | $580/mo | $654/mo | $758/mo | $910/mo |
| Allianz | A+ | $505/mo | $540/mo | $594/mo | $668/mo | $774/mo | $928/mo |
Rates updated March 2026. Based on $100,000 premium. Your exact rate may differ — request a personalized quote.
Joint Annuity Rates in North Carolina
Monthly income for couples with 100% survivor benefit. The lower monthly amount covers both spouses for life.
Joint (Couple) Monthly Income Rates
Updated March 2026| Carrier | Rating | Age 55 | Age 60 | Age 65 | Age 70 | Age 75 | Age 80 |
|---|---|---|---|---|---|---|---|
| New York Life | A++ | $475/mo | $508/mo | $555/mo | $622/mo | $715/mo | $845/mo |
| MassMutual | A++ | $460/mo | $493/mo | $540/mo | $607/mo | $700/mo | $830/mo |
| Pacific Life | A+ | $468/mo | $500/mo | $548/mo | $615/mo | $708/mo | $838/mo |
| Prudential | A+ | $455/mo | $488/mo | $535/mo | $602/mo | $695/mo | $822/mo |
| MetLife | A+ | $465/mo | $498/mo | $545/mo | $612/mo | $705/mo | $835/mo |
| Lincoln Financial | A+ | $452/mo | $485/mo | $532/mo | $600/mo | $692/mo | $820/mo |
| Nationwide | A+ | $458/mo | $492/mo | $538/mo | $605/mo | $698/mo | $825/mo |
| Allianz | A+ | $472/mo | $505/mo | $552/mo | $618/mo | $712/mo | $842/mo |
Rates updated March 2026. Based on $100,000 premium. Your exact rate may differ — request a personalized quote.
Popular Retirement Cities in North Carolina
Annuity buyers in North Carolina are concentrated in the state's largest metro areas:
- Charlotte, NC
- Raleigh, NC
- Greensboro, NC
- Durham, NC
- Winston-Salem, NC
No matter where you live in North Carolina, you can compare rates from national carriers. Annuity rates are determined by the insurance company, not your location — but your state's tax treatment affects how much you keep.
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