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An income annuity provides an income stream immediately or at a specified future date. They can help fund necessary expenses in retirement. Visit Income Annuity - How They Work to Fund Retirement (https://www.annuity.org/annuities/types/income/)
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Immediate Annuity - Most Basic Type of Annuity
An immediate annuity converts a lump-sum contribution into a guaranteed income stream, starting within a year, for a specified period or a lifetime.
https://www.annuity.org/annuities/immediate/
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Fixed Index Annuity - Growth via Market-Linked Returns
Fixed index annuities link returns to a market index. They offer potential for higher returns than fixed annuities, with less risk than variable annuities.
https://www.annuity.org/annuities/types/indexed/
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How to Buy an Annuity: A Step-by-Step Guide
Annuities are generally bought through an insurance company. You can also buy them from a brokerage firm, mutual fund company or bank.
https://www.annuity.org/annuities/buy/
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Types of Annuities Made Easy - Which is Right for You?
The main types of annuities include fixed, fixed index, variable, immediate, and deferred.
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