What Are The 4 Types Of Annuities? When you hear about annuities, it can sound like one big confusing product—but there are four main types most people need to understand: immediate, deferred, fixed, and variable. In this video, we break down what each type actually is, how it works, and what problem it’s designed to solve so you can stop guessing and start matching the right annuity to your own retirement goals. You’ll see how immediate annuities turn a lump sum into income right away, while de

When Does a Life Annuity End? A life annuity is built to pay you for as long as you live, but the details matter—especially what happens at death and whether anyone else gets paid. In this video, we explain when a life annuity ends, how long payments continue, and what changes when you add options like joint life or period-certain guarantees. You’ll learn how a pure life-only annuity stops payments at your death, versus how a life with period certain or joint life option can keep money flowing t

Does Mortgage Insurance Cover Death? Confused about whether “mortgage insurance” actually pays out if you die—or if it just protects the lender? This video clears up the difference between mortgage protection insurance (a type of life insurance) and PMI (private mortgage insurance), which only protects the bank if you default, not your family. We’ll explain when mortgage protection insurance can pay off the loan at your death, how that benefit is structured, and when a regular term life policy m

What Happens When an Annuity Owner Dies Before Annuitization? When an annuity owner dies before annuitization, the big question is what happens to the money inside the contract. In this video, we explain how pre-annuitization death benefits work, who can receive them, and how the rules change based on whether the annuity is inside a retirement account and who the beneficiary is. You’ll learn what typically happens when a spouse is the beneficiary versus a non-spouse, how lump sums, stretch optio