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The answer depends upon what you mean by "inflation adjusted annuities"?

Assuming that you mean an annuity where the annuity payment (the amount paid regularly, under the payout arrangement elected, to the contract owner) will be adjusted in accordance with changes in the Consumer Price Index and that "who" means "which insurance carriers", the answer is "almost nobody". Last time I looked, Vanguard sold an immediate annuity where payments would be adjusted UPWARDS in accordance with the CPI. And I recently learned that the Principal offers a SPIA where payments will increase by the CPI. I don't know of another carrier that offers such a contract. A number of carriers offer annuity payouts that will increase by a PREDETERMINED PERCENTAGE each year, but many do not.

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Q: Who sells inflation adjusted annuities?
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