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 …

6 days ago · 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 …

Nov 21, 2025 · An annuity is a contract from an insurance company that provides the buyer with a fixed or variable income stream.

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.

Jun 16, 2025 · Explore annuity basics, including types, contract parties, phases, payment factors, and how annuities can fit into a long-term retirement strategy.

Aug 26, 2025 · An annuity is a contract that requires regular payments for more than one full year to the person entitled to receive the payments (annuitant). You can buy an annuity contract alone or with …

If you’re asking, “what is an annuity?” you are looking for a way to add security and predictability to your financial future. This powerful insurance contract is designed to do exactly that: protect your hard …

Aug 15, 2025 · Learn what an annuity is, how fixed, variable, indexed, immediate, and deferred annuities work, and how they help generate retirement income.

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).