Category: Immediate Annuity

All Things Annuities Deferred Annuities General Annuity Information Immediate Annuity

Annuity Death Benefit; Inherited Annuity FAQ – Annuity Beneficiary Taxes & Payment Options Explained

As a consumer, when I see the term “death benefit” the first thing that comes to my mind is “life insurance.” The death benefit from a formal life insurance policy versus a death benefit from an Annuity Contract don’t share the same features. Therefore, it’s important for consumers to understand the key differences that sets these two apart.

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All Things Annuities Deferred Annuities General Annuity Information Immediate Annuity

Annuities Explained – What is an Annuity? Here’s An Easy-To-Understand Full Rundown on Annuities

An annuity is best defined as “a contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or at some point in the future.”

In layman’s terms, it’s what I like to call “income insurance.”

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