What To Do Before Buying An Annuity

Before deciding to purchase an annuity, the person must first determine the need for it. If he’s nearing retirement age or is already retired, he needs a regular source of income. A fixed annuity can provide for this need. However, if he’s still young and saving for retirement, he can …

What Are Fixed Annuities

A fixed annuity stabilizes investment income and is most preferred by investors who aren’t working full time but have retired or are about to retire. It is an insurance contract which provides a fixed amount of income paid regularly for a specific period. A fixed annuity can have various options …