
	Monday, July 03, 2006 Annuity The annuity is an investment vehicle used for retirement. It is also known as a sum of money given to an insurance company, so that a lifetime income can be provided in the future. Types of Common Annuities: Fixed Annuity - is an annuity where you give an insurance company a certain amount of money and the insurance company guarantee a rate of return. Variable Annuity - invests your money in a portfolio of separate accounts. Equity Indexed Annuity - is an annuity that assurance a minimum rate of return. posted by renaa @ 8:55 PM permanent link \| Post a Comment \| 0 Comments: Post a Comment << Home

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Monday, July 03, 2006

Annuity

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