What is an Annuity?
An annuity is a financial product that provides you with a guaranteed income for life. It is a type of investment that you purchase, and once you start receiving...
FAQ Category: Annuities
Can I change my mind after purchasing an annuity?
In general, once you purchase an annuity, the terms of the contract are fixed and cannot be changed. However, some annuity contracts may offer a “free look” period, typically...
What are the risks of purchasing an annuity?
While annuities can provide a reliable income stream in retirement, there are some risks and limitations to consider before purchasing one. Some potential risks associated with purchasing an annuity...
