What Is Payout Annuities? 
Generally speaking , annuities offer payout options to their policy owners . Some elect to take out withdrawals other predetermined schedules like ten years or twenty years certain . But a popular payout option is annuitization for the life of the annuitant based on his or her age . And keep in mind that mortality credits are added to the interest rate yield creating a compelling reason to investigate lifetime income you cant outlive . 