Annuity Pitfalls?

Answer An annuity is an investment vehicle typically sold by life insurance companies. With an annuity, you pay the insurance company a regular sum of money, often on a monthly basis, in return for regula... Read More »

Top Q&A For: Annuity Pitfalls

As an annuity holder with aig I have recently asked for a portion of my annuity and am wondering when i may receive it in the mail?

My wife receives a monthly annuity from AIG and usually gets it on the same calendar day every month.

Future Value Annuity Vs. Annuity Due?

Annuities are investment products you purchase through insurance companies. Earnings on an annuity grow tax deferred, treated as income when distributions are made after age 59 1/2. Part of an annu... Read More »

Rent to Own Pitfalls?

Slumps in the economy often spur more rent-to-own home deals, which also are known as lease-option contracts. People who don't have enough money for a down payment or who have poor credit histories... Read More »

Is an eia annuity a fixed annuity?

Equity-indexed annuities are fixed annuities. However, an EIA differs from other fixed annuities in the way it credits interest. EIAs use various complex formulas while other fixed annuities credit... Read More »