Are you wondering exactly when your annuity payments will start, or how soon you can turn on a guaranteed lifetime income stream? The answer depends entirely on the specific type of annuity contract you purchase.

In this completely unfiltered video, Shawn from The Annuity Expert breaks down the strict IRS and insurance carrier timelines for starting your retirement income. He explains the rigid payout windows for Single Premium Immediate Annuities (SPIAs), which must begin between 30 and 365 days of opening the contract, and Deferred Income Annuities (DIAs), which cannot start until day 366 or later. Because both of these options require "annuitization," you are forced to permanently hand over your money to the insurance company just to get a paycheck.

To avoid losing control of your life savings, Shawn reveals a vastly superior and m ...