What Are The Different Types of Annuity Payments?

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Hi there, Stan the Annuity Man,

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America's annuity agent, licensed in all

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50 states in Puerto Rico, founder of

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CGO, Contractual Guarantees Only, which

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means you own an annuity for what it

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what it will do, not what it might do.

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The question of the day is, what are the

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different types of annuity payments? Um,

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we're going to cover all of that because

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you're going to be surprised there. Not

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all annuities provide payments.

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um even though they were put on the

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planet in the Roman times for the

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beautiful Roman soldiers and their

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families as a pension long time ago and

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been sold as a payment uh contractual

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guarantee in this country for 200 years.

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But I'm going to go through all of them

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after this.

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All right. So different types of annuity

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payments. Let's just go through the

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basic ones. Most of you are familiar

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with lifetime income payments. Okay,

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those can be attached to single premium

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immediate annuities, deferred income

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annuities, qualified longevity annuity

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contracts, income writers. Those are

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lifetime income products. They're going

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to pay as long as you're breathing. If

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you set it up joint life, as long as

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both of you are breathing, 99% of the

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people that that purchase these lifetime

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income income floor type products, they

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get the income sent to them on a monthly

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basis because we all kind of live like

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that. We're used to getting paid like

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that. But you could do you could do

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quarterly, semianual, or annual

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for those payments. Okay, those are

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lifetime payments. They're going to pay

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as long as you're breathing, if it's

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joint life, as long as one of you is

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breathing and or on a respirator. And

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with AI, artificial intelligence,

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shortening the medical breakthroughs,

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it's going to lengthen out your life

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expectancy. So, I really believe right

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now is a bargain to buy life lifetime

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income products because we're at legacy

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old life expectancy tables. And I'd say

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in the next two to three years, check

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the time of this taping, those life

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expectancy tables will change. Okay, so

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that's that's one type of payment that

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most people are aware of. All right, the

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other type is a period certain. So for

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instance, you might buy an immediate

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annuity that pays for 10 years or pays

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for 20 years or pays for 30 years or

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pays for 15 years, meaning it's just

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going to pay for that specific period of

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time. Now, you can combine that with

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life, meaning you can have a life with a

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20-year period certain, meaning that

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it's going to pay as long as you're

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breathing. But let's just say you died

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year four of the payments, they would be

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there would be 16 more years of payments

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for the beneficiaries.

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So lifetime income payment period

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certain payment and you can combine

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those. Now the other type of payment

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that you can get is buying a MIGA

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multi-year guarantee annuity. It's a CD

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annuity is what I call annuity bond. So

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you're buying a specific duration

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interest rate for that duration that's

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contractual. It's guaranteed.

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Now, a lot of people like doing that

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because you can protect the principal

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and just take the interest off the top.

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So, give you an example. Someone other

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day bought a half million dollar MIGA.

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It's getting X percentage and they're

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peeling off that percentage every month.

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Okay? And at the end of the duration,

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they're going to still have their

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$500,000.

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So, you're getting the payment but in

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interest form. And you can get it on a

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monthly basis, quarterly, semianual,

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annual. So we ask two questions to

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everybody. What do you want the money to

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contractually do? When do you want those

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contractual guarantees to start?

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Annuities solve for four things.

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Acronyms pill, principal protection,

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income for life, legacy, and long-term

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care. But when you're looking at income,

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say income is what you're trying to

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solve for. There's a ways there's ways

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to get those payments. MIGA payments.

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When you're taking interest out, that's

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not a lifetime income stream. you're

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it's for the duration of the MA. So,

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let's just buy say you bought a 10-year

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MA, which you can, and you're going to

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peel off the interest every year for

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those 10 consecutive years. At year 10,

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we're going to call you and say, "Hey,

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do you want to roll it to another and do

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it again or do you want to transfer it

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to an immediate annuity?" But MA

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interest is not a lifetime income

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stream. With SPDSQ likes and income

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writers, that's a lifetime income stream

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unless you tell us you just want a

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period certain for the SPIA or the DIA.

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We had a guy the other day, he had a

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specific period of time he he needed a

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gap fill. So he did a he bought he

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bought the D, a deferred income annuity,

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which is in essence an immediate annuity

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that you defer. Same structure, no

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moving parts, no annual fees, no market

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attachments, just a a pension, deferred

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it for six years, and then it paid for

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10 because at the end of that 10 year,

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he had another income stream kicking in.

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So you can be as surgical and detailed

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and granular as you want to be with how

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you structure the annuities. And if

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you're thinking, you know, a specific

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case or to be fancy or you just want me

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to look at it and help you with the

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design, just shoot me an email,

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stantheanuityman.com.

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We'll get on the phone and I'll I'll

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have my team and I work on it and get

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you something contractual that makes

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sense that does exactly what you want it

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to do. Annuitities are customizable in a

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lot of cases. Annuity strategies are

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definitely customizable. I've over my

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three decades, I've come up with all

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kinds of different strategies

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for annuities that contractually do what

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you want it to do. But from the

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standpoint, you know, how many annuity

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type payments or what are the annuity

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payment types? Just look at it like

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this. It's either three, really three.

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lifetime income. Okay. Period certain or

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interest.

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That's it. Now, lifetime income can be

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combined with the period certain, but

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interest is interest. Now, for the

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gunslingers out there that that say,

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"Well, what's what about index

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annuities?" Those those returns are not

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guaranteed. Let me repeat it. Index

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annuity returns are not guaranteed.

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We're not talking about the income

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writers. That's monopoly money and a

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phantom account that can only be used to

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determine your first lifetime income

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payment. That's fine if you understand

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that and we're quoting that for you.

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Just A+ or better highest rate, highest

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number. But the reason that we can't

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include the index annuity with all this

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other stuff is there's no guarantee of

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the return. You literally could get zero

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for 10 years. I've seen it to where I've

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seen horror stories on index notes.

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They're just they're CD products. They

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were put on the planet in 1995 for CD

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products. The only way that we use them

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currently is as a delivery system for

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the income writer when people need

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lifetime income in the future. One thing

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you got to realize about annuities, and

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no one says this, but me. Annuities

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are the only product type that can

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guarantee lifetime income. Please do not

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say, "Stan, I bought a 30-year bond."

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Please, please, please don't waste my

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time. Okay? We're talking about lifetime

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income. We're talking about as long as

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you're breathing or and or in a

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respirator and in a coma, it's going to

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pay. No other product does that. No

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other product category does that. And

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and people, this kills me. The most

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popular government program on the planet

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is what? Social Security. The most

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popular government program on the planet

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is an annuity, which is Social Security.

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The most popular government program for

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inflation

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is an annuity. It's called social

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security. But somehow people hate

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annuities.

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Could be one of the biggest marketing

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blunders of all time. Business schools

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for decades will be studying it and

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going, "Who is in charge of all that?

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Why was there only one person in

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sweatuits yelling at the top of his

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lungs that annuities are a bargain for

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lifetime income? that annuities should

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be used in in combination with the other

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annuity you own on social security for

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your income floor. Why was there only

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one person with with really cool

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baseball caps and and sweatuits with

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logos on them pounding the table and

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yelling into the hurricane?

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Why was he the only one? I'm hoping that

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doesn't happen because I'm hoping more

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and more people join me on my

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contractual guarantees only mantra and

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mission to define annuities for what

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they are. Contractual guarantees. This

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question is what what what are the

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annuity payment types? How many I mean

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what are those? Great question because

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you're thinking, wait a minute, I need

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lifetime income. I need an income floor.

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I need another version of social

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security. I need another version of a

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pension. I need lifetime income. I need

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income I'm not going to outlive. I'm

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tired of the markets. I just want to go

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live my life. I've won the game. I don't

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want to play anymore. Hello.

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That's lifetime income.

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I did a video a while back says lifetime

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income is the ultimate outcome. It is.

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It is. I did another video spinning

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above my head about how to use

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calculators and and the quote machines

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and things like that properly. And guess

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who's I'm going to promote? It's mine.

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And you're saying, "Stan, you're a

9:11
homer. That's ridiculous. There's other

9:13
people. There's there's not other people

9:16
that that allow you to do it

9:17
anonymously. Every single person that

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tries to compete with me, which is a

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joke, they want your name. They want

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your email address. They want your phone

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number. We do not want your name. We do

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not want your email address. We do not

9:31
want your phone number. All you have to

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do to run quotes the same quotes to see

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the same name to see the best

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contractual guarantees as a country in

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the country, state of residence, gender,

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date of birth, annuity game on as they

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say.

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Gauntlet's been thrown down. We are

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proconsumer. I want you as a client. I

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want you to consider us. We are

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