First determine what type of annuity you have ...

Annuities are investment contracts issued by financial institutions like insurance companies and banks. When you purchase an annuity, you invest your money in a lump sum or gradually during an ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Dr. Melody Bell is a personal finance expert, entrepreneur, educator, and researcher. Melody ...

There's a lot of confusion about annuities as investments. Find out how you can keep things simple. Annuities are among the least understood financial products available to regular investors, and one ...

Generally, annuities are financial contracts that provide the purchaser with a guaranteed income stream. Regular payments or a lump sum are both ways to invest in annuities. In return, the institution ...

Because annuities offer advantages like regular lifetime payments, premium protection, tax-deferred growth, unlimited contributions, and various investment options, they should be a part of your ...

The key difference between an ordinary annuity and an annuity due is when payments are made, which can affect the overall value. Ordinary annuity payments are made at the end of each period. Annuity ...

An annuity describes a contract between a policyholder and an insurance company. With this contract, policyholders give the insurance company a lump-sum payment in exchange for a series of payments ...