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Understanding Annuity Payout Options - Shootin' It Straight with Stan

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Manage episode 323522675 series 2798004
Inhoud geleverd door The Annuity Man. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door The Annuity Man of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

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!

  continue reading

281 afleveringen

Artwork
iconDelen
 
Manage episode 323522675 series 2798004
Inhoud geleverd door The Annuity Man. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door The Annuity Man of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

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!

  continue reading

281 afleveringen

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