Annuity Companies
Annuity companies are not separate entities that exist by themselves in our financial economy. They are actually insurance companies. If you see a company with annuities in their name, you can be sure it is an insurance company. Read More…
Annuity Funds
Annuity funds are nothing more than either money invested into an annuity or money received from an annuity. The difference is the time period at which you are at with the annuity. If you are just opening an annuity, these are funds that will be invested by you. If you already have an annuity, these are funds that will be received by you at some future period of time. Read More…
Split Annuity
A split annuity is a strategy and not an actual annuity. While a split annuity is a combination of two annuities, it by itself is not an annuity. That may sound like a bit of double speak until you understand its components. The first component is a single premium immediate annuity that pays the owner of the split annuity an immediate monthly income. This is the income portion of a split annuity.Read More…