There are several different types of annuities available for investors. Each one has different features and meets different investment needs. The two major types of annuities are fixed and variable. A fixed annuity offers a fixed rate of return over a period of years, while a variable annuity's rate of return changes, depending on how well sub accounts … [Read more...]
Variable annuities v/s Mutual Funds
Annuities are a type of financial product. An annuity is an agreement to pay the holder (or, in some cases, multiple holders) a certain sum of money on a regular basis until the holder dies. In the United States, they are typically issued by insurance companies because the company paying out the annuity is essentially betting against the holder living for a long … [Read more...]