Mar 28, 2025 · An annuity is a contract purchased from an insurance company with a large lump sum in return for regular payments, commonly used as an income source in retirement.

Aug 21, 2025 · What Is an Annuity? An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning or long-term care …

Nov 25, 2025 · At its most basic level, an annuity is a contract between you and an insurance company that shifts a portion of risk away from you and onto the company. There are 2 basic types of …

5 days ago · An annuity is a contract between you and an insurance company that turns your savings into future income. You pay either a lump sum or a series of payments, and in return, the insurer …

You buy an annuity by making a single lump-sum payment or series of payments. In return, the insurer agrees to make periodic income payments to you beginning immediately or at some future date.

Apr 11, 2025 · Annuities are insurance products designed to provide you with regular income—often for life. Many also have investment components that can potentially increase their value (and your income).

Oct 3, 2024 · An annuity is designed to provide a steady stream of income while you’re alive. A life insurance policy is designed to protect your loved ones financially after you die.

Annuity purchasers can customize contracts to fit financial goals, but most annuities will fall into three categories: fixed, variable, or indexed. Fixed annuities guarantee the principal and offer a minimum …

What is an annuity? An annuity is a contract between you, as an investor, and an insurance company. You pay a lump sum or a monthly premium in exchange for regular income payments that can begin …

Annuities offer you guaranteed income for life—in any market. What are annuities? Annuities are contracts between you and an insurance company that can provide a unique combination of …