Book Description

Use annuities to balance your investment portfolio Deciding which investment options to add to your portfolio can be tricky, and you need a working knowledge of your choices to make educated decisions. Investing In Annuities For Dummies is an approachable, easy-to-use resource that provides you with a clear and thorough introduction to annuities. You'll explore what annuities are, how to buy them, where to buy them, how to use deferred annuities to save for retirement, how to incorporate income annuities into your retirement income strategy, how interest impacts your taxes, the best and worst ways to choose annuities, and how to diversify among the annuity holdings in which you invest. Essentially, annuities are contracts drafted between individual investors and insurance companies. Investors make lump-sum payments or a series of payments, and insurers agree to make periodic payments to investors in return. The details of an annuity can change from one to another, which is why it's critical that you understand how to navigate this particular investment if you're interested in adding it to your portfolio. Understand how to incorporate annuities into your current investment portfolio Use income annuities to support your retirement income strategy Explore how interest from annuities can impact your tax return Discover the best ways to choose and purchase annuities—and the worst Whether you already have money invested in annuities or you're looking at them as a possible addition to your portfolio, Investing In Annuities For Dummies explores important information that can help you make informed decisions about your investments!