Annuity Calculator
Glossary:
Key Phrases:
Key Phrases:
Glossary:
The payments or income stream that flows from the insurance company to the annuitant when an annuity contract is annuitized.
All annuities involve payments from an insurance company to you. With some annuities the payments are fixed, and with other annuities the payments are variable. Assuming that you purchase an annuity from an insurance company in the United States, you will receive payments in U.S. dollars.
Annuity pricing can be confusing and a detailed discussion is beyond the scope of this buying guide.