Mar 28, 2025 · An annuity is a contract purchased from an insurance company with a large lump sum in return for regular payments, commonly used as an income source in retirement.

Aug 21, 2025 · What Is an Annuity? An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning or long-term care …

Nov 25, 2025 · At its most basic level, an annuity is a contract between you and an insurance company that shifts a portion of risk away from you and onto the company. There are 2 basic types of …

Dec 17, 2025 · An annuity is a contract from an insurance company that provides the buyer with a fixed or variable income stream.

Annuities are commonly issued by life insurance companies, where an individual pays a lump sum or a series of premiums in return for regular income payments, often to provide retirement or survivor …

Oct 3, 2024 · An annuity is designed to provide a steady stream of income while you’re alive. A life insurance policy is designed to protect your loved ones financially after you die.

Apr 11, 2025 · Annuities are insurance products designed to provide you with regular income—often for life. Many also have investment components that can potentially increase their value (and your income).

If you’re asking, “what is an annuity?” you are looking for a way to add security and predictability to your financial future. This powerful insurance contract is designed to do exactly that: protect your hard …

Receive guaranteed income for life with an Immediate Annuity. Get income annuity quotes using the annuity calculator on this page or call (866) 866-1999 for quick answers to all your annuity questions!

Aug 19, 2025 · Should you take a lump-sum pension payout or a monthly income stream for life? How to decide.