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  1. Dictionary
    annuity
    /əˈnjuːɪti/

    noun

    • 1. a fixed sum of money paid to someone each year, typically for the rest of their life: "he left her an annuity of £1,000 in his will"

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  2. www.investopedia.com › ask › answersWhat Is an Annuity? Definition, Types, and Tax Treatment - ...

    Apr 14, 2024 · An annuity is most commonly used to establish a steady stream of income in retirement. Various options for annuities may specify a set number of payments, a guaranteed payment...

  3. www.investopedia.com › terms › aGuide to Annuities: What They Are, Types, and How They Work - ...

    Mar 17, 2024 · An annuity is an insurance contract issued and distributed by financial institutions and bought by individuals. An annuity requires the issuer to pay out a fixed or...

  4. www.investopedia.com › investing › overview-of-annuitiesAn Overview of Annuities - Investopedia

    Apr 28, 2022 · An annuity is a contract between the contract holder—the annuitant —and an insurance company. In return for your contributions, the insurer promises to pay you a certain...

  5. www.forbes.com › advisor › retirementWhat Is An Annuity? – Forbes Advisor

    Dec 14, 2022 · An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your...

  6. en.wikipedia.org › wiki › AnnuityAnnuity - Wikipedia

    Annuity In investment, an annuity is a series of payments made at equal intervals. [1] Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates.

  7. www.businessinsider.com › personal-finance › what-is-an-annuityWhat is an annuity and how does it work? Definition, types, and...

    Dec 14, 2023 · Annuities are investment product issued by an insurer that provides steady income during retirement. An annuity charges a premium upfront with other management fees often...

  8. www.fidelity.com › retirement › what-is-an-annuityWhat are annuities and how do they work? - Fidelity Investments

    Apr 16, 2024 · 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: Income annuities can offer a payout for life or a set period of time in return for a lump-sum investment.