What is an Annuitant?
Retire For Less With The Annuity Expert · Shawn Plummer
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Show Notes
If you are looking into buying an annuity, you've probably run into confusing insurance jargon. The most common question we get is: What exactly is an "annuitant"? In this video, Shawn Plummer from The Annuity Expert breaks down this essential annuity definition in plain English.
Using his simple "Sandwich Analogy," Shawn explains the exact differences between the Contract Owner, the Annuitant, and the Beneficiary. You will learn why the annuitant's age dictates how much income the insurance company pays out, how co-annuitants work for married couples seeking joint lifetime income, and whose death actually triggers the death benefit for your heirs.
📖 Read our full, easy-to-understand guide on Annuity Roles here:
https://www.annuityexpertadvice.com/annuity-basics/annuitant/
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