In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Annuities can provide you with an additional stream of income in retirement. These insurance contracts allow you to collect payments at a future date in exchange for an upfront premium. In addition to ...

When it comes to planning for retirement, figuring out how to create a steady income stream can be a daunting task. Many people spend decades building up savings in individual retirement accounts ...

Certain annuities offer more stability than others, especially in this shifting interest rate and market landscape.

Annuities can provide a stream of payments later in return for an investment now, but they have special features. Many, or all, of the products featured on this page are from our advertising partners ...

***Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...