Does your annuity need to have at least $1 left in the account balance to pay out a death benefit to your beneficiaries? The short answer is usually yes—but there are some powerful exceptions that could leave your family with a massive payout even if your cash is depleted!

In this video, Shawn Plummer from The Annuity Expert breaks down exactly how annuity death benefits work when your account is running low. While 9 out of 10 contracts require at least one dollar remaining, Shawn explains how annuities with an Enhanced Death Benefit allow your heirs to tap into your heavily boosted "Income Base," regardless of your actual account value.

He also reviews a unique new annuity from Lincoln Financial that comes with an incredible clause: as long as you have just $1 left in the account when you die, the insurance company will refund your e ...