Annuities first shown up in the eighteenth century but they have changed since then. In the twentieth century, annuities become available to you and me. So, what is an annuity?

How can an annuity be of benefit?

First off what is an annuity? The easier answer is an agreement between you and your insurance provider. The provider must have a specific license to do so, and varies from state to state. They are regulated by the state insurance commission. The agent