An annuity is a series of payments made at equal intervals.
Annuities are designed to be a reliable means of securing a steady cash flow for an individual during their retirement years and to alleviate fears of longevity risk, or outliving one’s assets.
- Sock away a larger amount of cash and defer paying taxes.
- All the money you invest compounds year after year without any tax bill
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Individual Pension Plans
An Individual pension plan is usually set up by an individual to make contributions on his/her own behalf towards saving for retirement
Personal Accident insurance provides Compensation for death, permanent disability, temporary loss of income due to disability from an accident.