Category Archives: Annuity Advantages
- July 30, 2008
- Annuity - Good Or Bad?– also posted in How Does Annuity Work?
An annuity is a contract between you and an insurance company where you make either a lump sum payment or a series of payments. In return, the insurance company agrees to make payments back to you in a future date. Many people invest in annuities to make sure they have money when it comes time [...]
- July 19, 2008
- Which Is Better - The Fixed or the Variable Annuity?– also posted in Annuity Pros & Cons
An annuity is like a loan. A series of payments are made to the annuity holder at a given date for a pre-determined length of time. Similar to a loan, annuities have rates at which interest is paid, just like a loan. This rate can either be fixed or variable. So let’s find what are [...]
- July 13, 2008
- Annuities: Pros and Cons– also posted in Annuity Basic Concepts, How Does Annuity Work?
Investing in annuities is a good way to save for your retirement. Annuities can be purchased through financial advisers, bank representatives, insurance agents, or even from the issuer. No matter where it is purchased from, it will give the owner a steady annual income after retirement.
- July 3, 2008
- Understanding Immediate Annuities– also posted in Annuity Options, Annuity Types, Immediate annuity
Investing in the future is something everyone should consider. One part of that is preparing for retirement to ensure that you do not outlive your wealth. Another might be the security in knowing that you are wisely managing that sudden windfall of cash; such as, winning the lottery, obtaining a settlement from a lawsuit or [...]
