An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Annuities are investment contracts issued by financial institutions like insurance companies and banks. When you purchase an annuity, you invest your money in a lump sum or gradually during an ...

American General Life Companies has announced its new Future Income Achiever-annuity. In a release, the Company said that the Future Income Achiever annuity is a delayed-income annuity that can ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Amanda Jackson has expertise in personal finance, investing, and social services. She is a ...

Many people have strong feelings about this financial product without even knowing the definition of what an annuity is. Wall Street is notorious for creating financial products that are difficult to ...

American General Life Insurance Company Expands Presence in Index Annuity Market with the Launch of the Power Index PlusSM Annuity Following April’s Launch of a New Index Annuity in the Brokerage ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Hilary Allison The present ...