A joint and survivor annuity begins making benefit payments at the death of the first annuitant and pays until the death of the survivor.

Name: A joint and survivor annuity begins making benefit payments at the death of the first annuitant and pays until the death of the survivor.
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Quizplus · Accepted Answer

A joint and survivor annuity typically begins making benefit payments during the lifetime of the annuitants and continues to pay out until the death of the last surviving annuitant, not starting at the death of the first.

A Joint and Survivor Annuity Begins Making Benefit Payments at the Death