Annuities

Annuities are generally set up to guarantee a fixed income once you stop working. Although there are various types of annuities, all are beneficial in that they can help protect against outliving your assets; they are an important part of any retirement plan. more »

An annuity is a lot like a retirement account, e.g., IRA or 401K. The main difference between an annuity and a retirement account is that you can make as many payments (contributions) as you would like to an annuity. You can also fund an annuity in one lump sum or in parts over time. Like a CD (certificate of deposit), annuities can... more »

Annuities are methods of saving on a tax-deferred basis. Some annuities are variable. These have mutual funds on the interior, and the owner participates in the gain or loss from the investments. Others are fixed, and the rate of return only varies when the rate changes on the annuity. When you calculate annuities for the payout, the... more »

Variable annuities were first introduced into the United States by the Teachers Insurance and Annuities Association - College Retirement Equity Fund (TIAA-CREF) in 1952, to fund pension arrangements. These types of annuities solved one of the problems of fixed annuity payments--namely, inflation destroying the value of payments late... more »

Annuities can help make sure you don’t outlive your assets. Life insurance pays off when you die; annuities kick in if you live past your expected life span, and pay you until your death. There are several types of annuities to invest in. This article will guide you in how to best invest in insurance annuities. more »