Annuities

Indexed annuities combine features of both fixed annuity and variable annuity. Like fixed annuities, they provide principal protection and the opportunity for guaranteed lifetime income. However, rather than...

Winning the lottery is a dream come true for many, but it also presents an important decision: taking the winnings as a lump sum or the annuity payments....

Financial planning is important for ensuring a stable and secure future. Two essential tools in achieving this goal are annuities and life insurance. Both serve different purposes but...

An income annuity is an insurance contract designed to provide guaranteed income for the rest of your life in exchange for a lump-sum payment. The lump-sum payment, known...

What is an Annuity Fund and How Does it Work? An annuity fund is a financial product designed to provide a steady income stream, typically during retirement. It...

Annuities provide a steady stream of income for a specified period or for the lifetime of the annuity owner. While annuities are often used as a retirement income...

An annuity account is an account set up by an insurance company to hold and invest funds from individuals purchasing annuities. The purpose of the account is specifically...

When Sam inherited his father's annuity last year, he was unsure what to do. Should he take payments over time or lump sum? Would taxes eat up most...

An annuity or annuity product is an insurance contract designed to provide a steady stream of income, typically during retirement. In exchange for a lump sum or series...

Are annuities a good investment? An annuity is a type of investment you can purchase from an insurance company. But what exactly are annuities, and are they a...