Annuity Type Quiz

There are three kinds of annuity. Most people are shown only one.

Seven questions, about two minutes. See which type actually lines up with your goal, in plain English, with no pitch.

For households with $250,000+ in retirement savings

About 2 minutes · No obligation · No commissions to us · Education, not advice

Question 1 of 7

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Are you currently retired?

Yes, I am retired No, still working

Retired and still-working households usually need different annuity types, so we start here.

When will you need your savings to start paying you?

Already drawing income Within 5 years 5 to 10 years out More than 10 years, or not sure

The five years before and after retirement are when a market drop hurts most. Timing changes which types are worth learning about.

What worries you most about your retirement money?

Running out of money A market drop at the wrong time Low interest on cash and CDs Taxes eating the balance Nothing specific, I am just learning

Each worry points at a different annuity design. This is the fastest way to skip what does not apply to you.

If you could lock in just one thing, which would it be?

A check that arrives every month, for as long as I live A guaranteed fixed rate on money I will not touch for a few years Growth potential without losing money in a downturn Not sure yet, that is why I am here

This one answer does most of the matching. There is no wrong pick.

Where does the money you might use sit today?

An IRA or 401(k) Savings, CDs, or a brokerage account A mix of both Just exploring for now

Retirement-account money and after-tax money are taxed differently inside an annuity. Knowing which changes the education you need.

Which range best describes your household's retirement savings?

We ask because the answer decides which annuity structures are even worth your time, and whether a complimentary session makes sense.

Under $100k $100k to $249k $250k to $499k $500k to $999k $1m or more

Sessions are designed for households with $250,000 or more in retirement savings.

Never shared with anyone before you choose to book. Used only to route your education.

Which state do you live in? State of residence

Annuities are regulated state by state, and the professionals we connect you with must be licensed where you live.

One moment

Preparing your annuity type explainer.

Matching your answers to the three annuity structures
Assembling plain-English explanations
Checking availability for a complimentary session

How the three types compare on one page

	Income annuities	MYGA, fixed rate	Fixed indexed
Built to	Turn part of your savings into a payment that continues for life	Guarantee one fixed rate for a set number of years	Credit interest from an index with a floor of zero in down years
The tradeoff	Money committed to income is not a pile you can spend twice	The money is committed for the term, and leaving early usually means a surrender charge	Caps and participation limits trim the up years
Ask first	What starts the payments, and what access remains	Whether the rate holds for the whole term	How the crediting terms are measured, and who can change them

Education, not advice · No obligation · No commissions to us

Your explainer stays on this screen either way. Nothing above is gated on your contact information.

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Your explainer is already on this screen and stays yours either way. We use your email to coordinate this request and to send plain-English education you can unsubscribe from at any time. We never sell your information.

Want to talk it through? Sessions are complimentary.

A licensed professional walks through your questions with you, in plain English. There are no commissions to us and no pitch, and if an annuity is a bad fit for you, you will hear that too.

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Complimentary · No obligation · No commissions to us

Honest answers before you book

Is this a sales call?

No. The session is a complimentary education conversation with a licensed professional. Licensed insurance producers are compensated by insurers and will say so plainly. Nothing is sold on the call, and if an annuity is a bad fit for you, that is exactly what you will hear.

What does complimentary mean here?

It means the session costs you nothing and carries no obligation. Your explainer is yours to keep whether or not you ever book a session.

Do you sell annuities?

No. Annuity Explained is not an insurance agency. We educate and connect you with independent licensed professionals.

There are three kinds of annuity. Most people are shown only one.

Preparing your annuity type explainer.

The annuity type most aligned with your goal: Income annuities

Questions an honest professional should be able to answer

Red flags in any illustration

The annuity type most aligned with your goal: MYGA, the fixed-rate annuity

Questions an honest professional should be able to answer

Red flags in any illustration

The annuity type most aligned with your goal: Fixed indexed annuity

Questions an honest professional should be able to answer

Red flags in any illustration

A starting point, not a single match

Questions any honest professional should be able to answer

Red flags in any pitch

How the three types compare on one page

Saving your request.

Thank you. Your answers are saved.

We cannot connect you with a professional in yet.

Your explainer is saved. Pick the time that suits you.

Honest answers before you book