Annuity

A series of fixed payments paid at regular intervals over the specified period of the annuity. The fixed payments are received after a period of investments that are made into the annuity.


An annuity is essentially a level stream of cash flows for a fixed period of time. It is most often used as a form of income during retirement.



Anything But Ordinary: Calculating The Present And Future Value Of Annuities - Learn to calculate the present and future value of fixed payments required from you or owed to you.

Getting the Whole Story on Variable Annuities - Variable annuities are another way to save money tax-deferred - but don't jump in blindly!

Passing the Buck: The Hidden Costs of Annuities - These may look like good retirement vehicles, but beware of fees buried in the fine print.

20 Investments You Should Know - To take advantage of all your investing options, you need to know what your choices are. Here we introduce you to 20 different investing instruments by highlighting their features and their advantages.
Related Terms

Deferred Annuity

Perpetuity

Segregated Fund

Variable Annuity

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