Summary of Annuities

While they are not for every investor—no investment is—annuities are very popular. This popularity is due to the many features, options, and benefits that annuities offer. Annuities provide the investor with a choice of flexible payment plans, safety of principal, guaranteed payments, and a wide array of payout options. When planning for long-term goals, such as retirement, an investor should include annuities among the investment alternatives he or she considers.