What Are Annuities Paying Right Now? 
That is a complex question , if you defer payments even just a few years you can get an income rider that will pay out for your entire lifetime . Growth rates depend on whether it is a fixed annuity , or indexed , if it is lifetime payout , there is a table based on the age you begin distributions . Every year you defer income you get a larger % payout . Fixed annuities are paying 1-2 % , deferred indexed annuities can come with income riders of 4-10 % . Once distributions begin the income riders usually go away , but some products allow you to take income , while allowing the remaining funds to continue to grow . These new lifetime withdraws , are not Annuitizing , & allow any funds to be passed on to beneficiaries . Also many annuities now have a rider that doubles , or triples the account value , if you need to go into a nursing home . If your account value reaches zero , & you leave the nursing home . Your lifetime income continue at the same level as prior to going into the nursing home . 