Monday, November 11, 2013

What are Annuities

Do you want guaranteed income for life more then just your retirement. That's why insurance companies are ramping up their marketing of annuities. With such a wide variety of trading tools and methodologies all around the world today, is it any wonder that so many people find it highly confusing when deciding which to use. But before you buy in, you should know what you're getting into. Annuities are not that easy to understand and they may not be right for every retirement situation. Here are some ideas to understand and what to learn.  Annuities are financial contracts issued by a life insurance company that offer tax deferred savings and a choice of payout options  income for life, income for a certain time period or a lump sum  to meet your retirement needs.
Annuities What are Annuities