When you get your retirement estimate, you’ll see that there are many options for receiving your retirement benefit . You can choose to receive the payment for your life or extend it beyond your life to your loved ones. The choice is yours. We’ll discuss how each option impacts the size of your payment and affects your loved ones. By the end of this presentation, you will be able to:
- Define and explain annuity, annuitant, beneficiary and named survivor
- Compare the different annuity options
- Find resources with more information
- Identify the next steps for you to choose an annuity option
Watch this video at your leisure on demand 24/7. Have more questions? Attend a webinar on this topic where you can get your questions answered by a benefits specialist. Webinars are offered periodically throughout the year.