By: Peggy Mace

Peggy Mace — Thu, 25 Jul 2013 14:58:08 +0000

With joint annuities, the policy is purchased together. They are usually called "joint and survivor annuities". When one dies, the other owner can continue the annuity, either by allowing it to keep growing, or to start taking payments, or to continue payments that were started when the other owner was alive.

New answer on: How Do Joint Annuities Work?

By: Peggy Mace