• Introduction to Annuity Income Payout Options

  • Oct 3 2024
  • Length: 10 mins
  • Podcast

Introduction to Annuity Income Payout Options

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  • Summary

  • In this episode, Marty Becker breaks down the different annuity income payout options to help you make informed decisions about your retirement. He explains key terms like Lifetime Income Rider (LIR), Guaranteed Minimum Benefit (GMWB), and Single Premium Immediate Annuities (SPIAs). You'll also learn about various payout choices, including life only, life with return of premium (ROP), installment refund, and term certain options. Whether you're looking for higher income or a way to leave something behind for your loved ones, this episode simplifies it all.

    Tune in to find the best annuity strategy for your needs!
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Economics Personal Finance
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