Type of annuity. An income annuity is a contract that produces only income. This type produces the most income because it ...

Great question. Let’s explore some real-world examples. As a business owner, you probably work long hours and wear many hats. Although retirement might seem far away, it’s crucial to plan ahead. As an ...

Variable annuities are one of the most complicated financial instruments out there. Let’s weigh their pros and cons.

Variable annuities often come with a death benefit, which pays out a designated amount to your beneficiaries if you pass away ...

An immediate variable annuity is an insurance product where an individual pays a lump sum upfront and receives payments right away.

Because of their fixed nature and guarantee, fixed annuities are insulated from market fluctuations. While this can be a positive for risk-averse investors, there are some drawbacks to consider. For ...

A variable annuity can offer you tax-deferred growth, a wider range of investment options and guaranteed income. However, it comes with potential risks. And the success of your investment will ...

Note the differences between fixed and variable annuities before making a purchase.

This example shows the expenses associated with owning this variable annuity: The Jackson National Perspective II Variable Annuity has a 1.30% fee just for owning it.

Immediate annuities (sometimes called income or payout annuities), are pretty straightforward - basically a mirror image of a life insurance policy.

The fees and complexity of variable annuities can far outweigh potential benefits.