top of page

What Is An Annuity Table?

An annuity is a contract between you and an insurance company. The goal is to provide you with guaranteed income in the future, typically in retirement.

You can purchase an annuity by making a single payment or a series of payments. Either way, the insurer makes payments to you. They can be in the form of one lump-sum payment or a series of payments.

Why would someone hand over money now for the promise of small, but steady payments in the future? It helps offset one of the biggest retirement risks: outliving your money.

53 views0 comments


bottom of page