An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of ...

Types of annuities When calculating annuity income, the type of annuity determines which formula or equation to use. There are several types of annuities, including: ...

Annuity interest rates are compelling right now. Here's what some experts recommend doing before getting started.

Allianz is a major global insurance company based in Munich, Germany with over 125 million customers around the world. Through its subsidiary Allianz Life, it provides life insurance, annuities ...

Disadvantages Lifetime income annuities are not the right choice for retirees who want to hold liquid assets. This type of annuity contract generally can’t be canceled. They may charge high fees.

Annuity sales hit a new record of $223 billion in the first half, a 3% year-over-year gain, according to Limra, the Windsor, Conn.-based research organization.

Sales for all annuities were $109.6 billion when compared to the previous quarter, according to Wink’s Sales & Market Report. All annuities include the multi-year guaranteed annuity, traditional ...

Types of annuities When calculating annuity income, the type of annuity determines which formula or equation to use. There are several types of annuities, including: ...