A Pension Annuity — Buying

: Pays an income for a specific number of years rather than for life.

Current annuity rates (which recently reached an 18-year high due to rising gilt yields). Your age and health status. Common Types of Annuities buying a pension annuity

: Continues to pay a portion of the income to a partner or beneficiary after your death. : Pays an income for a specific number

: The amount you receive depends on several factors: The total size of your pension pot. buying a pension annuity