USAA Direct Deposit Authorization Form

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USAA Direct Deposit Authorization Form

A USAA direct deposit authorization form allows a life insurance beneficiary to authorize USAA to make annuity payments directly to their bank account. The person granting authorization is required to provide their banking information, including account and routing numbers, as well as their USAA account and contract numbers.

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Last updated May 16th, 2025

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A USAA direct deposit authorization form allows a life insurance beneficiary to authorize USAA to make annuity payments directly to their bank account. The person granting authorization is required to provide their banking information, including account and routing numbers, as well as their USAA account and contract numbers.

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Annuity Payments

An annuity is a contract purchased from an insurance company that guarantees a reliable income for retirees.

There are three types of annuities offered by USAA:

  • Deferred Annuity – Offers guaranteed investment growth with a term of 3, 5, or 10 years.
  • Fixed Indexed Annuity – A deferred annuity that offers more growth and is fixed at a seven-year term.
  • Immediate Annuity – Guarantees immediate income for life, a fixed period, or both.

USAA Automatic Deposit (Preview)