Can you buy an annuity on behalf of someone else?

Yes, you can buy an annuity on behalf of someone else, typically with their consent and involvement in the process. This may be done for a family member or loved one, provided you have the necessary information and legal authority, such as power of attorney. However, it's essential to fully understand the terms, benefits, and implications of the annuity for the individual you are purchasing it for. Always consult with a financial advisor or legal expert to ensure compliance with regulations and to make informed decisions.