
What Is an Annuity? Definition, Types, and Tax Treatment
Mar 28, 2025 · 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.
Guide to Annuities: Types, Payouts and Expert Q&A
Dec 17, 2025 · An annuity is a contract from an insurance company that provides the buyer with a fixed or variable income stream.
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 …
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 …
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 …
Annuities - A brief description - Internal Revenue Service
Aug 26, 2025 · An annuity is a contract that requires regular payments for more than one full year to the person entitled to receive the payments (annuitant). You can buy an annuity contract …
20 Things You Need to Know Before Buying an Annuity
Aug 21, 2025 · What Is an Annuity? An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning …
How Annuities Work And What You Should Know | Bankrate
Jul 15, 2025 · An annuity can help you save for retirement and has favorable tax benefits. Experts caution that annuities can be complex and risky, carry high fees and are difficult to cancel.
What Is an Annuity? | U.S. Bank
What is an annuity? An annuity is a contract between you, as an investor, and an insurance company. You pay a lump sum or a monthly premium in exchange for regular income …
What are annuities and how do they work? | Prudential Financial
Apr 11, 2025 · Annuities are insurance products designed to provide you with regular income—often for life. Many also have investment components that can potentially increase …