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Annuity Rates

Compare Annuity Rates. Competitive Annuity Rates. Find The Best Annuity Rates Generally speaking, an annuity is a sum of money payable to a person at regularly specified intervals. Pensions from retirement annuity contracts and personal pension plans are usually paid as annuities, as are lottery payments and some insurance settlements.

An annuity can also be a form of investment. You can pay a lump sum to a financial institution such as an insurance company or bank to buy an annuity, which then pays you a regular income, usually for the rest of your life. The income payments are generally fixed at the outset. Watch out for high sales commissions, expense ratios and penalties for early withdrawals.

 

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