Are you navigating the complicated process of inheriting an annuity, or are you looking to buy an annuity and want to guarantee your family receives your leftover money when you die?

In this video, Shawn Plummer from The Annuity Expert answers the highly requested question: Can annuity payments be inherited? The candid truth is that it depends entirely on how the contract was originally structured!

Shawn breaks down the worst-case scenario: if the deceased chose a "Life Only" annuitized payout, the payments stop at death and the insurance company legally keeps the rest of the money! However, if the contract was set up with a "Period Certain" or "Cash Refund," beneficiaries are guaranteed to receive the remaining payments or principal. For anyone currently shopping for an annuity, Shawn explains why a Fixed Index Annuity with a Guarant ...