Which factors may influence the payout of an annuity?

The payout of an annuity is significantly influenced by the age and health of the annuitant. Age is a critical factor because it helps determine the length of time the annuity payouts are expected to be made. Generally, older individuals will receive higher periodic payments than younger individuals when other factors are held constant, as the expected payout period is shorter for those who are older.

Health also plays a role in shaping the payout structure. For instance, individuals with health conditions may be classified as having a shorter life expectancy. This could result in higher payouts, as the insurance company anticipates a shorter duration over which the payments will be made.

In contrast, the issuer’s credit rating, while important for assessing the safety and reliability of the annuity provider, does not directly influence the payout amount. Other factors, such as the type of annuity and investment performance, are relevant but do not encompass the specific personal considerations of the individual annuitant, which are key in option B. Additionally, a policyholder's employment status typically does not affect the payout of an annuity, as once the premium payments are made, the payment structure usually depends on the contract terms associated with the individual’s age and health.