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Old 08-31-2014, 12:10 PM
 
Location: MMU->ABE->ATL->ASH
9,130 posts, read 17,160,797 times
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Question does the beneficiary get nothing if you live for say 10 years. There is probably nothing left for the beneficiary if you live to your groups life expediency. Be sure to read the whole contract carefully.


Yes on a Life + 10 Certain annuity after 10 year there is not nothing to "leave"

The annuitant get there payment for life, but 10year + 1 day after 1st check Only annuitant continues to get paid.
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Old 08-31-2014, 02:45 PM
 
Location: SoCal desert
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I'm single, and I wouldn't.

If it makes you feel good - donate the monthly cost to whatever charity while you're alive and take the tax deduction.
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Old 09-01-2014, 08:44 PM
 
17 posts, read 17,752 times
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I am not going to assign a beneficiary. Thanks for all of your advice.
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Old 09-02-2014, 04:57 PM
 
Location: Florida
4,373 posts, read 3,710,800 times
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Quote:
Originally Posted by JoyfullyRetired View Post
I am not going to assign a beneficiary. Thanks for all of your advice.
Thanks for letting us know.
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