Missouri
Lifetime, lump sum, period certain -- understand every payout option and choose the best one for you
Monthly income * Lump sum analysis * Lifetime guarantees
How It Works
Takes about 60 seconds
Licensed in your state, no pressure
Personalized to your situation, 100% free
2,789 people in Missouri compared annuity payout options this year
Annuity payouts are backed by the insurance company's full reserves. Once you elect a payout, your payments continue regardless of market conditions or economic changes.
Start payments immediately or defer for years. Choose monthly, quarterly, or annual distributions. Design a payout schedule that matches your exact income needs.
We model every payout scenario with your actual numbers so you can see exactly how much you'd receive under each option before making a decision.
Provides the highest monthly payment because it ends when you pass away. No beneficiary payments. Best for healthy individuals who want maximum monthly income and have other assets for heirs. A $250K annuity might pay $1,500-$2,000+ per month for life.
Guarantees payments for your lifetime with a minimum period (10 or 20 years). If you pass away during the period, beneficiaries receive remaining payments. Slightly lower monthly amount than life-only, but protects your heirs. Most popular option.
Payments continue for both you and your spouse's lifetime. When one spouse dies, the survivor continues receiving payments (typically 50-100% of the original amount). Lower per-month payment, but covers both lives. Essential for married couples.
Take your full balance at once or set up periodic withdrawals on your schedule. Maximum flexibility but no lifetime guarantee -- you manage the risk of running out. Tax implications differ significantly from annuitization. Best for those who don't need guaranteed lifetime income.
Get personalized payout projections based on your age, amount, and preferred payment method