These options can even be combined, helping you select an annuity that meets your specific goals. Depending upon the type of annuity you select, you have several possibilities for paying your ...

There are two basic types of annuities: deferred and immediate. With a deferred annuity, your money is invested for a period of time until you are ready to begin taking withdrawals, typically in ...

Fixed annuities. These offer a minimum guaranteed interest rate for a set timeframe, which can range from one to 10 years. The insurer declares a new guaranteed rate at the beginning of a new year ...

An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream ...

What Is An Annuity? An annuity is a contract purchased from an insurance company with a large lump sum in return for regular ...

Given all this, we wanted to provide some guidance on the different types of annuities and discuss common features to make this category of financial products easier to understand.

Once you’ve settled on what you want to accomplish, you can decide whether an annuity makes sense for you, realizing that different types can help you meet different financial goals. Annuities ...

After hitting record-high sales in 2022, annuity sales reached $92.9 billion during the first quarter of 2023, a 47% increase from the prior year, according to data from LIMRA. Two common types of ...