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Greetings, DMunns, and welcome. You asked:

<<What type of annuity can I purchase with $200,000 from my retirement money.>>

As Dharmadollars pointed out, you may purchase a fixed or variable annuity. Both may be immediate or deferred. The former starts paying out immediately, and the latter at some point in the future.

I think the bigger question you need to answer is your goal for using an annuity. In general, they are not the investment of choice around Fooldom. IMHO they benefit few folks due to cost and the length of time needed to equal or exceed the accumulation available in similar mutual funds. OTOH, if you have a current tax problem and wish to defer income taxes on earnings, if you have provided for heirs in some other fashion, and/or you wish the "guarantee" and "security" of knowing some money will continue to be paid to you for your lifetime (and sometimes a survivor's as well), then an annuity may be helpful to you. Otherwise, and again IMHO, they have little benefit to most folks.

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