If you are researching retirement options, you probably have a lot of questions about how annuities actually work. In this video, Shawn Plummer from The Annuity Expert answers the most frequently asked questions about annuity basics to help you decide if they are the right fit for your financial plan.

We cut through the confusing industry jargon to explain what an annuity is, why people buy them, and how much you can expect to get from an annuity based on your age and deposit. We also tackle the tough questions: Can you get out of an annuity? Do annuities have hidden fees? And how do they actually compare to traditional investments or the "4% rule"?

Whether you are wondering where to get an annuity, if a MYGA is better than a bank CD, or if you should add a lifetime income rider to your contract, this guide provides the straightforwar ...