Home FAQs Annuities Are annuity rates different for single-life and joint-life plans?
Are annuity rates different for single-life and joint-life plans?

Are annuity rates different for single-life and joint-life plans?

Yes. Joint-life annuities continue paying income to a spouse or partner after you die, which means the starting rate is usually lower than a single-life plan. Comparing annuity rates side by side will show that single-life options tend to offer the higher starting income, while joint-life options provide greater long-term security for couples.

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