How Do You Buy Annuities? 
Annuities require an application . In the application you must clearly identify yourself , the proposed annuitant and a beneficiary and perhaps a contingent beneficiary . You must identify the source of the money and your experience as an investor . If the annuity is being used in an existing plan , such as a school sponsored 403 -LRB- b -RRB- , the details of that plan must be included . 