Safeguarding your initial investment from market losses. Lifetime Income: Ensuring you never outlive your savings. Legacy: Leaving a specific benefit for your heirs.
Annuities are categorized by when they pay out and how they grow: buying an annuity
Covering potential future medical or confinement costs. 2. Choose the Right Type of Annuity Safeguarding your initial investment from market losses
Returns are tied to market-linked subaccounts (like mutual funds), offering higher growth potential but also the risk of losing principal. buying an annuity
begin paying income almost immediately (within a year) after a single lump-sum payment.