How To Use Annuities For Retirement Income? 
Non-qualified annuities are designed to ultimately generate income . Different payout structures are available like ten or 20 years certain . But one of the most popular payout options is life only or lifetime income the annuitant cant outlive . There is special tax treatment for life only as it relates to basis , which is amortized to the annuitants life expectancy as a portion of the first payment -LRB- which includes gain -RRB- until exhausted . Single premium immediate annuities can annuitization in similar fashion . So annuities that generate lifetime income should be considered as foundational tactic to your overall income strategy in retirement . 