Buying An: Annuity

Covering potential future medical or confinement costs. 2. Choose the Right Type of Annuity

Annuities are categorized by when they pay out and how they grow: buying an annuity

Returns are tied to market-linked subaccounts (like mutual funds), offering higher growth potential but also the risk of losing principal. Covering potential future medical or confinement costs

begin paying income almost immediately (within a year) after a single lump-sum payment. buying an annuity

Offers a guaranteed interest rate and predictable payouts.