Understanding Annuities: Fixed Vs. Variable

Posted on: 3 December 2015

Annuities provide another investment option for your retirement plan and can be a useful product to take advantage of that offers benefits not found in IRA's or traditional brokerage accounts. They can be a confusing product to understand so it is always a good idea to consult the advice of a financial advisor before making any decisions about your retirement plan. An annuity is a life insurance product that allows you (the annuitant) to receive a guaranteed stream of income during your retirement years by paying into the annuity with either regular payments or larger investments, which can be contributed at the investors choosing. [Read More]