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Types of Annuities

kinds of annuitiesThere are many different types of annuities available to investors today. The difficult part for you might be deciding which type of annuity product is best for your needs. How old you are, when you are planning to retire, what type of income return would you like, are all factors that must be considered.

Here are some of the most popular kinds of annuities:



Fixed Annuities | Safe Investment

Fixed annuities are insurance products that are guaranteed to return both the principal you invest plus a fixed rate of interest. They are very similar in concept to Certificates of Deposit (CDs), except a fixed annuity grows tax-deferred. Fixed annuities are considered to be one of the safest investment vehicles available. Although they are not […]

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Variable Annuities | Be A Wise Investor

It Pays To Know the variable annuity is the most complex type of annuity to understand, but with a little work, you should be able to get a basic grasp of how they operate. There is a great deal of research to be done, and a lot of questions to be asked of your financial […]

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Indexed Annuities

An Index annuity is a financial product that individuals can use as an investment in their retirement portfolio. Typically, annuities are purchased from insurance companies in one lump sum payment or through a series of contributions. Sold as a contract, the money grows over a period of time regardless to how individuals purchase an annuity. The contract is annuitized at a future date that is agreed to in the contract, meaning the purchaser receives period income payments. Generally, payments are made over a set period of time or for the purchaser’s lifetime.

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Immediate Annuities

An immediate annuity is the first of the three major types of annuity investments. The immediate annuity is also called a single premium immediate annuity or SPIA. When you purchase an immediate annuity, you are entering into an agreement with an insurance company to purchase a guaranteed level of income on a predetermined schedule. Simply […]

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Hybrid Annuities

The hybrid annuity is not your traditional every day annuity. Hybrid Annuities are a newer evolution in the annuity product world and they are best suited to investors who are interested in preserving one’s principle whilst participating in the upside potential that can be yielded from the market. Now lets dive into that a bit […]

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