Category: Annuities

Annuities benefit individuals in their 50s and 60s the most, since they are closer to retirement and looking to save additional income toward their nest

A unique benefit to an annuity is the death benefit. Should an annuity owner die before their annuity disburses all payments, the remaining assets can

Annuities aren’t for everyone. If you aren’t worried about running out of income, you may not need an annuity. “Bill Gates doesn’t need an annuity.

Annuities are tax-deferred, which means you don’t pay taxes on the money while it’s in the annuity. Like a 401(k) or IRA, you only pay

Not all annuities guarantee a fixed rate of return. With a variable annuity, your premiums are invested in a variety of subaccounts, similar to mutual

While both life insurance and annuities are issued by the insurance companies, they serve opposite purposes. Life insurance is designed to provide benefits to your

When is the best time and what is the best age to buy an annuity? That depends on your individual circumstances and preferences. It also

The amount you invest into an annuity depends on the type of annuity you want and the goals you want to achieve. You can open

There are many reasons to buy annuities, depending on your lifestyle needs. Among other benefits, they can provide you with guaranteed income for life, a