What Are The Uses Of Life Annuities? 
The most significant use of Life Annuities -LRB- assuming youre address life time income -RRB- is life time income you cant outlive . If its non-qualified annuity , the portion that is the original basis is amortized to the life expectancy of the annuitant tax free using first in first out exclusion ratio , an tax advantage . Most retirement plans should have a portion of guaranteed income you cant outlive . 