Guaranty Income Life has completed the first step in the Insured Retirement Institute (IRI) Digital First for Annuities initiative—focused on eliminating mailed checks when funding annuities through 1035 exchanges and transfers.

This change targets one of the biggest operational frustrations in our industry. By moving away from paper checks and mail delays, funding can move faster between participating carriers and distributors, helping improve turnaround time, accuracy, and visibility for everyone involved.

This is the first milestone in a broader effort led by the Insured Retirement Institute to modernize annuity transactions through standardized, digital‑first processes. More enhancements are coming as the initiative continues to expand.