A variable annuity offers a broad spectrum of investment options to accommodate your particular investment strategy. The value of your investment will vary depending on the performance of the particular options you choose. Variable annuities are typically mutual funds that invest in stocks, bonds, and money market instruments or combination thereof.
Variable annuities differ [...]

An annuity is a contract between you and an insurance company; they can be either fixed or variable annuities. Under that contract, the insurer agrees to make periodic payments to you, either immediately or at some point in the future. In a fixed annuity, the insurance company guarantees that you will earn a [...]