Annuity Explained

Annuities help protect you against outliving your resources

An annuity is a contract between you and an insurance company

You can utilize deferred annuity to accumulate money for future usage

There are a number of different annuity plans available for consumers

Each annuity has a pair of basic properties

One property is whether payout is immediate or deferred

Another property is whether returns are fixed (guaranteed) or variable

Some annuities are used to fund a tax qualified plan

While misunderstood, annuities are a very versatile product

An agent can assist you in your search for an annuity product

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