An annuity is a financial product that provides a stream of income over a set period. They’re often used in retirement ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

An annuity describes a contract between a policyholder and an insurance company. With this contract, policyholders give the insurance company a lump-sum payment in exchange for a series of payments ...

An annuity is a contract to guarantee a series of structured payments over time. It starts at a predetermined date and lasts for a predetermined time. There are two main forms of annuity: the ordinary ...

Ordinary annuities pay at the end of a period. Annuities due pay in advance or at the beginning of a period. Because of the difference in payment timing, the present value of an annuity due will be ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Michela Buttignol The future value of an annuity calculates how much a series ...

Generally, annuities are financial contracts that provide the purchaser with a guaranteed income stream. Regular payments or a lump sum are both ways to invest in annuities. In return, the institution ...

***Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does ...