Do Fixed Annuities Pay Out Monthly?

Shawn Plummer

CEO, The Annuity Expert

Fixed Annuities Payment Frequency

  • Monthly: Yes, fixed annuities can be paid out monthly.
  • Quarterly: Payments can also be made every three months.
  • Semi-Annually: Alternatively, payouts occur twice a year.
  • Annually: Or, once a year payments are possible.

Examples of Fixed Annuity Payments

  1. Monthly: $500 each month.
  2. Quarterly: $1500 every quarter.
  3. Semi-Annually: $3000 twice a year.
  4. Annually: $6000 once a year.

Related Reading: Best annuity rates

Conclusion

Fixed annuities offer flexible payment options, including monthly, to suit different financial needs. Contact us today for a free quote.

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Shawn Plummer

CEO, The Annuity Expert

Shawn Plummer is a licensed financial professional, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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