Male   Female
  • Different types of annuities
  • July 16, 2015
  • what are annuitiesBy

    Despite gloomy economic forecasts, there are a variety of options for investors.  Because annuities are tax-deferred, they are often an attractive choice.

    An annuity is created when an insured party gives life insurance companies money that gets distributed back to the insured party over a certain period of time.

    There are several kinds of annuities.  Immediate annuities can be fixed or variable.  A fixed immediate annuity payment depends on the amount contributed, the age of the investor and the interest rate at time of purchase.  Fixed annuities guarantee a certain payment amount.

    Typically, both types are relatively safe, low-yielding investments.

    A tax-deferred annuity pays out to investors who prefer payments to begin at a future date, typically retirement, allowing income tax to be deferred until the money is withdrawn.  One of the advantages of having an annuity is that an investor can contribute as much money as he or she likes each year.

    Pages: 1 2

  • Category: Articles Library, Life Insurance

Leave a Reply



Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

Consumer Insurance Guide SM is owned by Life Quotes, Inc. 8205 South Cass Avenue, Darien, IL. For editorial, content feeds, advertising and lead purchase opportunities, contact Robert Bland at

Originally founded in 1984 as Quotesmith Corporation, Life Quotes, Inc. owns and operates and, two online consumer insurance information services that cater to the needs of self-directed personal and corporate insurance shoppers.

About Us  |   Contact Us  |   Press Releases  |   The Best Privacy Policy  |   Life Insurance  |   Careers
For Agents & Brokers  |   Site Map  |  

Copyright ©1984-2015 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.