What Does Annuitization Options Mean?

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What does Annuitization Options mean? Read on to discover the definition & meaning of the term Annuitization Options - to help you better understand the language used in insurance policies.

Annuitization Options

Annuitization Options

Annuitization options are the ways the owner of an annuity can get paid by the insurance company after the accumulation phase has ended. The preferred payout method often becomes the annuitant's source of income after retirement.

We hope the you have a better understanding of the meaning of Annuitization Options.

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