Understanding an annuity contract is crucial to making the right retirement decision. In this episode, Jeremiah and Zachary—The Annuity Dudes—dissect the anatomy of an annuity contract. From lifetime income to protected growth, they cover all the fine print: guarantees, riders, surrender periods, index crediting strategies, and your all-important free look period.🎯 Whether you're planning to protect your nest egg or create a guaranteed retirement paycheck, this episode is your go-to guide for inspecting annuity contracts like a pro.Want a second opinion on your annuity contract? Let The Annuity Dudes give it a no-fluff inspection.Schedule Annuity Discovery Zoom Meeting: https://annuityassociation.chilipiper.com/concierge-router/link/annuity-association-1st-appointment-routing?utm_source=podcastRequest Free Annuity Rates Report: https://annuityassociation.com/podcast-annuity-report⏱️ Timestamps0:00 – Intro: Why annuity contracts matter more than brochures2:00 – What is an annuity contract really?4:45 – Owner, annuitant, beneficiary: Who’s who in your contract7:00 – Accumulation vs. income phases9:20 – The section on guarantees: where the promises live12:30 – Contractual strategies for protected growth (FIAs)15:10 – Income annuities: irrevocable decisions & payout guarantees18:00 – The role of riders: income, death benefit, LTC21:00 – Surrender periods, withdrawal rules, and penalty traps24:00 – Free look period: your right to inspect and cancel27:00 – Multi-Point Annuity Inspection™ checklist explained32:00 – Common mistakes to avoid in the contract35:30 – Real examples and red flags to watch for40:00 – Final thoughts: Trust the contract, not the hype42:00 – Outro & how to get your contract reviewed