Many people have a basic understanding of annuities. Still others do not. We are going to answer some of the most common questions that we receive about investing in annuities.
Question: What is an Annuity?
Answer: Simply put an annuity is a contract between and investor and a insurance company. The majority of annuities serve as a [...]

Understanding different types of annuities is important. Immediate annuities are policies that are purchased form insurance companies. Often they are refereed to as Single Premium Annuities or Single premium Immediate Annuities. Immediate annuities are commonly used as retirement investments and purchased with a single payment. An immediate annuity provides regular income for the time period [...]

An annuity is an agreement or contract between you the buyer and an insurance company. Put simply, you pay money to an annuity issuer, and the issuer then pays the principal and earnings back to you or to a named beneficiary. Annuities are generally used to provide income in retirement.
One major advantage is your money [...]