Guides & Articles on Annuities

Annuities Basics

Everything you need to know to make annuities part of your compensation package

Annuities basics cover what an annuity is and how to purchase the best plan. Annuities are policies in which you put money and when you retire, the policy then pays you an income. The trick is picking the correct payment structure and compensation plan. Variable annuities have the potential to pay out much higher but they can also drop in value. Fixed annuities as the name implies...


Annuities Key Terms

Knowledge of annuities key terms helps consumers purchase the best products currently available

Retirees are often people who have worked hard for many years while looking forward to carefree years in the future. Annuities provide many benefits for these deserving people, yet the choices are myriad and possibly confusing. Fortunately, there are some excellent companies with a great menu of valuable products. Usually, these companies have talented, informative agents who will...


Annuities

Prepare for the long-term using fixed or variable annuities

Annuities are contracts which function as insurance policies in reverse. (In fact, annuities are sold by insurers.) If you buy an annuity, you pay a lump sum or make a series of periodic payments to a financial institution. The annuities seller then invests the money and, under contract terms, must pay to you a series of fixed, periodic payments beginning at an agreed date for a...


Pricing and Costs of Annuities

Find out how much that annuity really costs over lifetime

Pricing and costs of annuities includes money you pay to the administrator of the fund. These fees usually break down to service charge and maintenance fee and can mount up considerably.Early withdraw fees are assessed by the program administrator in some cases if you withdraw before retirement. There is also a government-sanctioned penalty that you must pay if the annuity is tax...