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Annuities: What They Are and How They Work

Annuities are a controversial product, but in some cases it makes sense to consider one as part of your retirement plan. An annuity is a financial product that basically amounts to a contract with an insurance company that agrees to provide the investor with a regular income stream, typically in retirement. Annuities require steady payments for over a year and can be purchased by the investor directly on their own or with their employer's help. The person who takes out the contract is refer...
Exchange Commission Financial Industry Regulatory Authority Industry Regulatory Authority Main Types Retirement Plan Variable Annuities
Source: yahoo.com

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