Annuities

An Annuity is an investment vehicle that can provide tax incentives and an income stream for a designated period of time. An annuity is a contract between you and an insurance company, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date for a designated period of time.

There are various annuities on the markets today. It is important you consult with a qualified financial advisor to make sure you are properly educated on many options available today. Many people have no need for an annuity.

The United States is experiencing an explosion of promotions by unqualified individuals and entities which only have one real goal—to gain access to your finances in order to sell insurance-based products such as annuities and other commission-based products. National Retirement Network urges you to seek professionals who are qualified and trusted to give you advice on purchasing an annuity.