How Do Annuities Pay Out? 
Immediate annuities pay out a guaranteed income stream in exchange for a lump sum of premium . Th payment can be level or increasing for a fixed number of years or for your lifetime . Life annuities can also be joint life , paying as long is one ia alive . Life annuities can also be issued with or without a minimum guaranteed payout . There are many different payout options available to suit your individual needs . If you have any further questions , or feel that I could be of assistance , please do not hesitate to contact me . 