A financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as a means of securing a steady cash flow for an individual during their retirement years.
An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date.
Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association.
should be converted into a broad-concept article , describing the primary meaning of the term. Additional meanings linked to this term should be moved to a separate page with "(disambiguation)" in the title.
The selection and placement of stories on this page were determined automatically by a computer program. The time or date displayed reflects when an article was added to or updated in Google News.
Annuities are retirement products that may be used to help you increase savings, protect your savings, or generate a stream of income. Fidelity makes available a wide range of annuities.
Variable annuities are issued by Pruco Life Insurance Company (in New York, by Pruco Life Insurance Company of New Jersey), Newark, NJ (main office) and distributed by Prudential Annuities Distributors, Inc., Shelton, CT. All are Prudential Financial companies and each is solely responsible for its own financial condition and contractual obligations.
Types of Annuities Here are different types of annuities available today in the market. They vary in benefits, conditions, payouts and other factors. Here are some of the most common types of annuities: Read More Immediate (Single Premium) The single premium annuity is purchased with a lump sum of money and guarantees income instantly.
What are annuities? An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. You buy an annuity by making either a single payment or a series of payments.
What are you going to do with all of that money you saved for retirement? One option is an annuity, a long-term retirement contract that can give you regular income for life instead of forcing you to manage a big lump sum.
Whether you're looking to replace your current annuity with a lower-cost option, you're seeking guaranteed retirement income, or you're looking for an additional tax-advantaged way to save for retirement, we have annuities designed to fit your needs. Our highly trained specialists are ready to guide you and help you feel confident you're making the best decision.
At AnnuityAssist.com, learn about different types of annuities, pros and cons of annuities, and if they're right for your retirement.
Annuities... What Are They? An annuity, generally, is a payment received at regular intervals. Annuities typically are sold and backed by life insurance companies. You can establish an annuity contract to put aside money for retirement or provide yourself with a regular stream of income in retirement.
Guarantees are backed by the financial strength and claims-paying ability of the issuing company and do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.
Purchasing an annuity within a retirement plan that provides tax deferral under sections of the Internal Revenue Code results in no additional tax benefit. An annuity should be used to fund a qualified plan based upon the annuity's features other than tax deferral.
Definition of annuity: A contract sold by an insurance company designed to provide payments to the holder at specified intervals, usually after...
If you're wondering about how annuities work, let Nationwide help you learn how they can be a part of your financial plan. Get details about variable, fixed, immediate and deferred types of annuities.
Annuity Basics Investors are on a seemingly endless quest for a safe haven for their retirement dollars. Selecting the best investment depends on your financial goals and market conditions. Fixed annuities are low-risk investments that can help you reach those goals.
We're pleased to announce the launch of our new rebranded Annuities website, which brings together a sampling of the individual retirement product offerings of the AIG companies in one place, unifying our presence and streamlining access to information about retirement planning and the different types of annuities-variable, index and fixed-that we offer.
Annuities Products Annuities are long-term investments designed for retirement planning. They are a contract between you and an insurance company, under which the insurer agrees to make periodic payments to you. Annuities have the potential to grow tax-deferred, have death benefits to protect your beneficiary and optional living benefits to protect your retirement income.
An annuity is a contract you make with an insurer (in this case, Thrivent Financial for Lutherans). When you purchase an annuity, the insurer agrees to repay your money - plus the interest it earns - either in a lump sum or over a period of time you select.
If you're looking for ways to save more for retirement or generate reliable income in retirement, consider an annuity. Low-cost annuities from Schwab provide the opportunity for tax-deferred growth and, when you retire, the option of guaranteed income to last as long as you wish-even for life.
Learn how annuities are a popular, tax-deferred investment vehicle for those in or near retirement to help retirement income lasts longer.
