Retirement planning involves many moving parts. Get clear, educational information about annuities and general financial protection strategies before you decide what questions to explore next.
An annuity is a contract issued by an insurance company. Depending on the contract, it may offer options for receiving income in the future. Features, costs, access to funds, guarantees (if any), risks and tax treatment depend on the specific contract and circumstances.
Questions to ask
How does the contract work, and what are its costs and limitations?
When can money be accessed, and could charges apply?
What risks remain, and what protections are contractually guaranteed, if any?
How does the issuing insurer’s financial strength matter?
How might an annuity fit with other sources of retirement income?
Bring your retirement questions.
Discuss your goals and learn which topics may be worth exploring further.
