Do annuities make good investments? How are they used for retirement income later in life? What is an annuity? An annuity is a type of retirement savings vehicle usually offered through insurance companies and, in one way or another, guarantees a steady income after you retire, whether in monthly, quarterly, or yearly pay-outs. There are various […]
Annuity
In these financial times, many people are looking for ways to get a little more cash — usually in lump sum form. The thinking is that a lump sum could pay off debt, or cover medical bills. For those receiving some sort of settlement payment, or receiving annuity payments, it is tempting to turn to […]