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How long will my annuity pay out?

You can choose to receive a guaranteed income for as long as you live, or you can choose other payout options that are available.  Annuity payments can be made monthly, quarterly, semi-annually or annually. The dollar amount of your payment depends on the balance in your contract, the payment type you select and your age when you begin taking payments. The only requirement is that the payment is not less than $100.