When you die, your provider will pay that amount of it back to anyone you choose, minus any money they've already paid to you. Joint annuity payments continue.

12 авг. 2024 г. · When you die, your annuity's terms determine its fate. Some offer a death benefit for your beneficiaries, while others may stop payments entirely.

29 июл. 2024 г. · With a life-only annuity, payments continue for the rest of your life. Upon your death, payments stop entirely. This option usually offers the ...

31 окт. 2023 г. · TL;DR. If you have a lifetime annuity, usually the payments will stop when you die and the pension funds used to purchase the annuity are lost.

5 февр. 2024 г. · If there is a death benefit, a beneficiary may continue the payments for the remaining guarantee period. Otherwise, the beneficiary may speed up ...

If you die, normally your annuity payments will stop and the pension fund used to buy your annuity will be lost.

What happens to an annuity when you die? Some will pay a death benefit to your heirs – but some may not. Here's what you should know. annuity death benefits.

4 апр. 2022 г. · What happens to an annuity when you die depends on your contract terms. For some, there will be lump sum payment, while others may continue ...

If you die before the 10 years are up, a beneficiary will receive the remainder of your annuity payments.