![What Is an Annuity? The Complete Guide to Understanding Annuities Guaranteed Income for Life with Annuities](https://bnewsnw.com/wp-content/uploads/2022/06/Guaranteed-Income-for-Life-with-Annuities-.jpg)
What Is an Annuity? The Complete Guide to Understanding Annuities
An annuity is a financial contract with an insurance company that promises to pay the buyer a steady income in the future. Annuities help with retirement planning. Every retiree gets the benefit of a steady income stream in retirement. Various types of annuities are available, so research is essential before deciding on an annuity. If…