What Are Some Useful Annuity Examples?

What Are Some Useful Annuity Examples?

Visit the Hyers & Associates and AARP websites to view monthly income and annuity examples. Annuity data varies based on location and age, and the payment structure is a method of planning for retirement.

Hyers & Associates offers a deferred annuity income rider example. Under this model, an investor deposits an initial amount and receives payments at a later time, typically during retirement. Relevant information include years deferred, age, income account value and annual payment. Annuity structure varies based on whether the investor is single or has a spouse. AARP offers similar annuity examples, however visitors must enter their respective state, age and gender information. The results then display monthly annuity amounts for various initial investments.