What is an annuity? #GetAnnuities Video Transcript: ["Annuity: This financial instrument, which is a contract with an insurance company, allows you to save money on a tax-deferred basis and create guaranteed income that you can't outlive. When used with other retirement planning tools, annuities can form a solid base for your retirement."] | Life Happens
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Remember pensions? They're making a comeback, but this time, you're in control. The plan uses institutionally-priced annuities, offering competitive payout rates, with your income stream guaranteed by a trusted insurance company. #PensionPlan #Annuities #RetirementIncome #FinancialPlanning | Annuity Association
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An #annuity is like a privately funded pension plan. In fact, state and corporate pension plans are funded with annuities. Unfortunately many employers don't offer pensions anymore, but you can go directly to an insurance company with your own savings. Using #money from your IRA or 401k, you can rollover a lump sum into an annuity directly and establish your own pension-like income stream. If you want guaranteed #retirementincome it's hard to compete with the peace of mind annuities provide. Man
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