What Is A Qualified Longevity Annuity Contract?

"The need for guarantees, lifetime income, safety, and safety make choosing the right plane essential” Philip Richardson An annuity is a type of contract offered by insurance companies. When someone buys an annuity, they are, in most cases, contracting to exchange a lump sum of cash gain a guaranteed monthly income. Social Security, which forms [...]

By |2020-07-13T20:31:12+00:00July 13th, 2020|Annuities|

A Comprehensive Guide To Annuities And Annuity Investing

In its simplest definition, an annuity is an amount payable annually. For our purposes, however, an annuity describes a contract offered by an insurance company that allows you to accumulate funds for retirement on a tax-deferred basis. Upon retirement, you’ll receive income from the annuity that can be guaranteed by the insurer to last either a fixed number of years, or as long as you live. An annuity is neither life insurance nor a health insurance policy, and it’s not a savings account or a bank Certificate of Deposit.

By |2020-04-13T17:59:28+00:00September 12th, 2013|Annuities|