Dictionary. com defines an annuity in two ways, firstly: a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment… come again? (Since this sounds a bit confusing, we’ll define this in layman’s terms: the annual payment of an allowance or income.) Secondly, the site defines an annuity as the right to receive such an income, or the duty to make such a payment or payments.
March 14, 2014
Indexed annuity sales hit $11.5 billion in Q4 2013
February 14, 2014
When should I recommend an annuity?
February 5, 2014
It’s time to tax all annuity agents
January 28, 2014
Running a pension or annuity fund cost more last month
December 17, 2013
How to market annuities to baby boomers