What Is Payout Annuities?

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    David RacichPRO
    Fountain Hills, Arizona
    Generally speaking, annuities offer payout options to their policy owners. Some elect to take out withdrawals other predetermined schedules like ten years or twenty years certain. But a popular payout option is annuitization for the life of the annuitant based on his or her age. And keep in mind that mortality credits are added to the interest rate yield creating a compelling reason to investigate lifetime income you can’t outlive.
     
    Answered on June 29, 2013
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