What is an Annuity? How Do They Work? Here’s Our Complete Guide

What is an Annuity? How Do They Work? Here’s Our Complete Guide

You might understand the details of opening a checking account or a certificate of deposit , but what about annuities? As someone learning to be an astute investor, you need to understand the advantages of including an annuity in your portfolio.

An annuity is a type of insurance providing the holder with a guaranteed stream of income over a nominated period. Receiving a guaranteed income stream for life is something that should pique the interest of any investor. So, why doesn’t everyone own an annuity?

Annuities are complex contracts that include many requirements and terms that might make them unattractive to […]

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