Variable annuities are offered by insurance companies as retirement investments. Variable annuities are similar to mutual funds with some significant differences, most substantially, regular payments after retirement. Prospectus Insurance companies offer variable annuities with varying stipulations attached. It is advisable to review the prospectus carefully … [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...]