Annuities

Whether you’re planning for retirement, or you just like the idea of having a supplemental source of income in your future, you may want to consider an annuity. Annuities are financial products that are offered by insurance companies but made available through financial institutions. They require you to deposit a certain amount of money with the insurer—either through one lump sum or incremental payments. They then invest that money on your behalf, and at a point specified in your contract, begin making payments back to you. 

There are many types of annuities, but one of the most popular is a variable annuity. With this, your money is deposited into sub-accounts, which are invested in the stock market. That means they come with higher risk but also, the possibility of much higher returns.

If you’re interested in a variable annuity, but you aren’t quite sure where to begin, we’ve got you covered. Our expert rankings, side-by-side comparisons and comprehensive reviews, along with our helpful buying guides, will empower you to begin your variable annuity journey with both ease and confidence.