
What Is an Annuity? Definition, Types, and Tax Treatment
Mar 28, 2025 · An annuity is a contract purchased from an insurance company with a large lump sum in return for regular payments, commonly used as an income source in retirement.
20 Things You Need to Know Before Buying an Annuity
Aug 21, 2025 · What Is an Annuity? An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning or long-term care …
What are annuities and how do they work? - Fidelity Investments
Nov 25, 2025 · At its most basic level, an annuity is a contract between you and an insurance company that shifts a portion of risk away from you and onto the company. There are 2 basic types of …
Guide to Annuities: Types, Payouts and Expert Q&A
Dec 17, 2025 · An annuity is a contract from an insurance company that provides the buyer with a fixed or variable income stream.
What Is an Annuity and How Does It Work? - Ramsey
Oct 3, 2024 · An annuity is designed to provide a steady stream of income while you’re alive. A life insurance policy is designed to protect your loved ones financially after you die.
Annuities: Saving for Retirement Income | Charles Schwab
Annuities offer you guaranteed income for life—in any market. What are annuities? Annuities are contracts between you and an insurance company that can provide a unique combination of …
What is an Annuity - Annuity.com
If you’re asking, “what is an annuity?” you are looking for a way to add security and predictability to your financial future. This powerful insurance contract is designed to do exactly that: protect your hard …
What are annuities and how do they work? | Prudential Financial
Apr 11, 2025 · Annuities are insurance products designed to provide you with regular income—often for life. Many also have investment components that can potentially increase their value (and your income).
What Is an Annuity? | U.S. Bank
What is an annuity? An annuity is a contract between you, as an investor, and an insurance company. You pay a lump sum or a monthly premium in exchange for regular income payments that can begin …
Annuities - Investor.gov
An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. You buy an annuity by making either a single …