Also consider the time commitment and effort required of either option. To collect the annuity check you simply need to be alive and have an account for the deposit to go into. That's pretty simple.

This is why it’s important to check the credit rating of an annuity company before signing up to make sure they are financially stable and can safely make your future payments. As you weigh your ...

An annuity is a contract with an insurance company that promises to pay the buyer a steady stream of income in the future, such as after retirement.

When it comes to saving for retirement, a deferred variable annuity can be a useful tool. The money you invest grows tax-deferred, so you won’t owe taxes on your earnings until they’re withdrawn.

Another pro is that since your grandchild will receive a check from you every month or year, you’ll be remembered fondly. If you choose annual payments, you might have the annuity check arrive ...

you want to choose an insurance company that is financially strong and likely to be able to afford to pay out the annuity years from now. Before purchasing a policy, check the company’s ...

With three straight years of record annuity sales, how does the industry continue to grow the pie? Keith Golembiewski, LIMRA vice president of annuity research, and Teddy Panaitisor, LIMRA ...

So along with your mother's $100,000 in the bank account and her Social Security check, she also gets a Medicaid-compliant annuity of guaranteed monthly income. It won't be an incredible amount of ...

An annuity is an insurance product that offers guaranteed income. In its simplest form, an annuity involves setting aside a certain amount of money and then receiving regular payments over a ...

This will help ensure that even years or decades down the road, you can still rely on the continuity of payments from your annuity. Check credit ratings with third-party industry sources ...

If the insurer goes bankrupt, your state's guaranty association should cover at least $250,000 of your annuity benefits. Check with your state for the rules that apply to you. Skeptics argue that ...