Four Things You Need To Know About Annuities
If you're looking for additional retirement investing opportunities and you have a large chunk of cash that you can invest all at once, an annuity might be the product you're looking for. Give that money to an insurance company and get checks every month in return; sounds nice, doesn't it? Depending on the type of annuity you choose, you could be adding a stable source of income to your life -- or you could be tying up money and getting very little in return.