Mar 28, 2025 · What Is An Annuity? 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.

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 types of …

Annuities are commonly issued by life insurance companies, where an individual pays a lump sum or a series of premiums in return for regular income payments, often to provide retirement or survivor …

Oct 3, 2024 · What Is an Annuity? An annuity is basically a contract between you and an insurance company. It’s designed to provide a guaranteed income for the rest of your life. You make a payment …

An annuity is an investment that offers a predictable income stream in retirement. You typically buy an annuity from an insurance company, either by paying one sum up front or by making payments over …

Dec 4, 2025 · An annuity is an insurance-based retirement product that can create an income stream. You can receive an annuity payout as a series of periodic payments or as withdrawing one lump …

Aug 26, 2025 · Information about annuities, including common types of annuities. Also, review Publication 575, Pension and Annuity Income.

Understand types, benefits and how they work. An annuity is a contract between you as an investor and an insurance company and generates regular income payments in retirement.

The meaning of ANNUITY is a sum of money payable yearly or at other regular intervals. How to use annuity in a sentence. Did you know?

ANNUITY definition: a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment …