Solo coverage is called a single-life annuity. If you want to make it a spousal affair, you'll choose a joint-and-survivor annuity. As the name conveys, the benefit is for both of you and will ...

The payout amount is influenced by life expectancy: shorter life expectancies result in larger payments, while longer life ...

Immediate annuities vary in their terms. You can open a single- or joint-life income annuity, which puts money in your pocket ...