For those gearing up for retirement, there seem to be countless terms and strategies to know, not the least of which is an annuity. The…
Tag: types of annuities
The Fixed Annuity
A fixed annuity is a vehicle that allows you, the annuitant, to deposit a lump sum that then generates a fixed rate of return for…
Annuity Types, Recommended Posts
The Indexed Annuity
An indexed annuity, sometimes referred to as an equity-index annuity, is a contract between you and an insurance company in which the issuing company promises…
Annuity Basics, Recommended Posts
Annuities 101
Annuities are a type of insurance product that you pay into now for the purpose of receiving a payment or series of payments at a…
Variable Annuity Pros & Cons
Part II: Variable Rate Annuities A variable rate annuity has some similarities to a fixed rate annuity in that you are placing your money into…