A life annuity is a financial deal that lets a life insurance company give a person a series of payments in the future in exchange for a certain amount of money. The payment stream is based on how long the annuitant is expected to live. Its...
A life annuity is an investment that turns the lump sum of your RRSPs or non-registered funds into a steady income for the rest of your life.
When you're ready to think about buying a life annuity, you have a few...
Indexed annuity is one of the newest ways to invest in annuities. It is different from fixed and variable annuities in a few ways. If you are thinking about buying an annuity for whatever reason (usually as a way to save for retirement), you...
There could be a lot of people in this situation...
They were smart enough to buy a policy for long-term care 5–10 years ago. First, I want to say, "Good for them." When you look at the cost of long-term care insurance at different...
If you want your money to grow over time, you should know about fixed annuities, which are a type of investment. Different insurance companies offer fixed annuity as a way to invest. There are other kinds of annuities, like variable annuity and...
If you have ever wondered if you could get cash for annuity investments you already have, the answer is usually yes. The answer you get will depend on the type of annuity you have and the terms of your contract. But in most cases, you can sell...
There are many different times when buying an annuity, which is a type of investment offered by insurance companies, is a good idea. With an annuity, you can save up money and start getting regular payments after a certain amount of time has...
How much money should I put into an annuity?
How much money you put into an annuity will depend a lot on how much you can afford to pay for the premiums that the insurance company will offer. When putting money into an annuity, you...
Annuities could be helpful for people who want a steady flow of income for the rest of their lives. Even though most annuities have a death benefit, an annuity is almost the opposite of a life insurance policy. An annuity protects you financially...
Annuities could be helpful for people who want a steady flow of income for the rest of their lives. Even though most annuities have a death benefit, an annuity is almost the opposite of a life insurance policy. An annuity protects you financially...