Click here - youtube.com/watch?v=ffhWNDF4jUA
The term annuity as its used today, was derived from annus a Latin word which is a medium of investment similar to Certificate of Deposits which banks give. Income can be the simple meaning of annuity.
On a closer and deeper level, annuity can be said to be a contract sold by a life insurance corporation that provides fixed or variable payments to an annuitant, either straight away or at a future date. Most people I talked to confirm that the main reason why they buy annuities is to have a way of getting income when they retire.
Finally, visit insurance websites and talk to insurance agents before making the ultimate buying decision.
Enter your Zip for free access and find out if an annuity is right for your retirement portfolio. Visit FindAnnuities.com/compare
Loading more stuff…
Hmm…it looks like things are taking a while to load. Try again?