This question is again in the news; which life annuity company pays the most and how do you find it.
And there is an overriding question of ” do you shop to get the best or do you just take what is offered? “The difference between the best and the worst paying life annuity for you could be significant;you might need to invest up to 10% or more to receive the same monthly life annuity income.So, if you shop for a car or a fridge or a house or a dentist,you might wan to consider shopping for a life annuity.After a house, it is probably the biggest buy you will make. Remember this purchase is for life,and that is the reason it is called a life annuity.