What Is an Annuity? Types, Benefits, and How They Fit Into Retirement Planning
Reading Time: < 1 minuteAn annuity is a contract between you and an insurance company: you pay a lump sum or series of payments, and the insurer guarantees income back to you, either immediately or starting at a future date. Annuities are primarily used for retirement income, tax-deferred growth, and protection against outliving your savings. For business owners planning […]