The Ultimate Guide To AnnuitiesYour One-Stop Resource for Retirement
What happens to my annuity after I die?
This will depend on the type of annuity you bought and how you set the payments to be made.
In some cases, if you name a beneficiary for your annuity, he or she will receive the payments after when you die. But other options will only pay while you’re alive. As we said, it would depend on the type of annuity and the payment conditions.