Annuities for Senior Planners

Annuities are certain sums of money paid out to a recipient. This money can be paid out either once per year of once per month. Annuity’s supply a source of income that can supplement other retirement incomes like pensions. Annuities come in several different types, each offering its own benefits and drawbacks. The information in the following paragraphs will help you in choosing the annuity best suited for your needs.