When Are Non Qualified Annuities Annuitized?

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September 13, 2013

Steve Savant

Non qualified tax deferred annuities generally can be annuitized by the policy owner at anytime. Annuitization can cover a single life or joint life as well vary in payout scenarios, i.e. 10 or 20 years certain. But true annuitization generally (now more then ever) is understood using the life only option or lifetime income you can’t outlive. most annuity owners trigger annuitzation at or near retirement.

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