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  1. What Is an Annuity? Definition, Types, and Tax Treatment

    Mar 28, 2025 · What Is An Annuity? 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.

  2. 20 Things You Need to Know Before Buying an Annuity

    Aug 21, 2025 · It's important to be an educated consumer when you shop for an annuity, so let's look at what annuities are, how they work and whether they make sense for you.

  3. What are annuities and how do they work? - Fidelity Investments

    Nov 25, 2025 · 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 …

  4. Guide to Annuities: Types, Payouts and Expert Q&A

    Dec 17, 2025 · Annuities are powerful financial instruments designed to provide guaranteed income for life. Whether you are planning for retirement, seeking long-term financial security or diversifying your …

  5. What Is an Annuity? | U.S. Bank

    An annuity guarantees income in retirement and comes in two types: fixed and variable. Learn about the differences, benefits, and potential risks in annuities.

  6. What is an annuity and how do they work? | Ameriprise Financial

    What is an annuity? An annuity is a long-term retirement investment product issued by an insurance company. It’s a common retirement tool because it can offer the following benefits to investors: …

  7. Annuities - Investor.gov

    An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. You buy an annuity by making either a single …

  8. What Is an Annuity? How It Works, Types, Pros and Cons - MSN

    Aug 14, 2025 · What exactly is an annuity and how do they work? Simply put, an annuity is a financial product that provides a steady income stream, often for retirement.

  9. Annuities explained: Basics, types & FAQs - Thrivent

    Apr 5, 2024 · An annuity is an insurance contract that can guarantee income in retirement. Here's a closer look at how it works.

  10. What are Annuities? The Different Types and How They Work

    Oct 30, 2025 · With an annuity, however, an insurance company acts like Uncle Sam. You establish a contract with an insurance company, paying installments over time or in a lump sum. In retirement, …