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Annuities

Common Types of Annuity Products

Overview

Annuities get lumped together in conversation more than the products themselves are actually alike. Some exist purely to generate guaranteed income, others to grow money on a tax-deferred basis, and the risk each one carries varies just as much.

The right category depends heavily on what problem you're trying to solve, guaranteed lifetime income, principal protection, or upside participation, since no single annuity type does all three well.

What this checklist covers

  1. 1Income annuities
  2. 2Fixed and indexed annuities
  3. 3Variable annuities
  4. 4How each is taxed

Common questions

Preview of the Common Types of Annuity Products checklist

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