The Definition of a Fixed Annuity, What is a Fixed Annuity

Fixed Annuity Definition Before you know if a fixed annuity is correct for you, you have to know what it is. A fixed annuity is an insurance contract in which the insurance company makes fixed dollar payments to the annuitant for the term of the contract. The term is usually until the annuitant dies. The [...]

Thursday, August 4th, 2011