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
4 days ago · 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
Nov 21, 2025 · An annuity is a contract from an insurance company that provides the buyer with a fixed or variable income stream.
Annuities - A brief description - Internal Revenue Service
Aug 26, 2025 · An annuity is a contract that requires regular payments for more than one full year to the person entitled to receive the payments (annuitant). You can buy an annuity contract alone or with …
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 - 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 …