If you are setting up a guaranteed income stream for your retirement, you might be wondering: How often does an annuity actually pay out, and how do you get your money?

In this quick video, Shawn Plummer from The Annuity Expert explains your payout frequency options (monthly, quarterly, semi-annually, or annually) and how easy it is to set up a direct deposit right into your bank account. Shawn also runs a live demo on our annuity calculator to show how a 55-year-old deferring a $500,000 deposit for 10 years can lock in over $87,000 a year in guaranteed lifetime income!

Finally, you will learn the critical difference between a standard "Level Payout" (a fixed paycheck that never changes) and an "Advanced Payout" (which gives you more cash upfront for the first 10 years).

📖 Read our full guide on Annuity Withdrawals and  ...