How Do Annuities Pay Out?

Annuity payouts differ from one solution to another. Right, but ultimately, if you're looking at a solution that's based on an income need, they are looking specifically at your age, right and your gender. As we found females tend to outlive their male counterparts by four years. So those two pieces, along with the amount of funding that they have to offer, is going to determine the amount that is going to be paid. Now those can be paid out on an annual basis. Semi-annually quarterly, most people would default to monthly as what we're accustomed to. We have monthly expenses and now they have monthly income to address that.