Annuities

Annuities

An annuity is the simplest option to provide retirement income. In exchange for a lump-sum of money, an insurance carrier will provide you with a stream of payments. The income you receive is a combination of interest and return of principal. These payments are guaranteed to continue for as long as you are alive, regardless of changes to interest rates and market conditions. An annuity is an excellent investment vehicle for individuals looking for stable and tax-advantaged life long income.