A Brief Overview of Annuities

Are you thinking of your retirement? Do you worry about outliving your retirement funds? If so, then an annuity may be the right choice for you to consider. These are extremely complex financial instruments between the annuitant (you) and a life insurance company. Since these are generally for someone’s retirement, they are considered tax-deferred until payments begin. All annuities have several components to them and riders that make them unique and, in some instances, expensive. Someone must understand the annuity they are purchasing before actually purchasing it from an insurance agent, financial planner, or directly from the life insurance company.

As alluded to, annuities are extremely complex financial contracts requiring someone to know the basic differences between fixed income, immediate, and variable annuity. While these are not all of the annuities available, they are some more common ones purchased. While this book does not cover all of the types of annuities available, it does provide someone with a high-level overview of the basics needed to make an informed decision on an annuity and if it is the right choice for them or their retirement plans. Get A Brief Overview of Annuities today and be in more position to make an informed decision on an annuity purchase.

This book does not promote or advocate for selling or purchasing an annuity. The book is for informational purposes to look at these extremely complex financial instruments.