Brad funded a straight life deferred annuity by paying $$500,000$ on his ${50}^{th}$ birthday. Brad expected to receive monthly annuity payments starting at age $60,$ but Brad died at age $59$ before any payments were made. Which of the following statements is true regarding Brad's annuity?

A$)$ Brad's beneficiary is entitled to receive $$500,000$ upon Brad's death

B$)$ Brad's beneficiary is entitled to receive $$500,000,$ but will not receive payment until what would have been Brad's ${60}^{th}$ birthday

C$)$ Brad's beneficiary will receive annuity payments until a total of $$500,000$ has been paid out

D$)$ Brad's beneficiary is not entitled to any money