Do you want to invest in your future? Do you want an insurance plan that pays you an annual sum to help with your bills and living expenses after you retire? Then annuities may offer the answers you need!
Annuities vary slightly in definition, but from an insurance company they are an annual sum payed out to you or immediately payed out-it depends on the stipulation of your contract and what is agreed upon. Annuities can also be left in a will from an estate, and are typically an annual amount given to a benefactor as stipulated by the maker of the will.