Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Annuities can be designed to provide a lifelong stream of income which you cannot outlive. What are the income and distribution options?

April 26, 2017annuities designed distribution income Lifelong Options outlive stream

0

Posted

Annuities can be designed to provide a lifelong stream of income which you cannot outlive. What are the income and distribution options?

1 Answer

0

Posted

Annuities are issued by reputable insurance companies and fully backed by the insurance companys assets. Unlike CDs, annuities are not FDIC insurance which means that your protection is not limited to $ 100,000.