• Understanding Annuity Payout Options - Shootin' It Straight with Stan (TAM Classic)

  • Jul 10 2024
  • Duración: 11 m
  • Podcast

Understanding Annuity Payout Options - Shootin' It Straight with Stan (TAM Classic) Por arte de portada

Understanding Annuity Payout Options - Shootin' It Straight with Stan (TAM Classic)

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  • Resumen

  • In this episode, The Annuity Man discussed:

    • Annuities are customizable

    • An example of life with cash refund

    • What does it mean to get a joint-life policy

    • Options and choices when getting an annuity

    Key Takeaways:

    • A life-only contract means that the annuity company is on the hook to pay as long as you’re breathing, but the money goes away when you die.

    • Life with cash refund means that you get paid while you’re alive, with some money going to your beneficiary when you die.

    • A joint life policy means that you and your spouse will receive payments. When you die, their income continues uninterrupted and unchanged.

    • There’s not just one annuity, there are many kinds, and there are also a lot of options when customizing your contract.

    "I want you to understand what you’re buying and how it works ‘cause remember, an annuity is a contract" — Stan The Annuity Man.

    Connect with The Annuity Man:

    Website: http://theannuityman.com/

    Email: Stan@TheAnnuityMan.com

    Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work

    YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

    Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!
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