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How Does An Annuity Work- 3 Main Types


HI Folks, I posted this video about annuities. It goes over the basics of annuities such as fixed, immediate, and variable annuities. Of course there is always something called indexed annuities as well, however I decided to cover the basics first. Hopefully you get a basic understanding of what an annuity is and what it may be used for. We offer all of the different types of annuities mentioned, as well as some of the top companies out there. First and foremost we want people to be educated about what annuities are and what they are not. They are definitely not for short term growth. Annuities are meant to be a long slow and steady growth for retirement only. In some rare cases they can be used for the short term, however most will find a greater benefit for the long term because of their tax deferal and their safety.

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