Which Of The Following Most Accurately Describes An Annuity?

Shawn Plummer

CEO, The Annuity Expert

An annuity is a financial instrument that pays you an income for the rest of your life. The payment amount, frequency, and other features depend on what type of annuity you invest in. Annuities are often used to generate retirement income or to supplement pension benefits at work. This quick guide will help explain how annuities work and provide some tips for investing in them wisely.

Which Of The Following Most Accurately Describes An Annuity?

Annuities are most accurately described as a stream of equal cash payments made at equal time intervals.

What else is an annuity best described as?

Request A Quote

Get help from a licensed financial professional. This service is free of charge.

Contact Us
First
Last

Frequently Asked Questions

Which statement best describes lifetime income?

The total salary and retirement benefits for all the years worked.

Related Reading

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

Scroll to Top