History
First introduced in America back in 1759, the annuity concept of collecting a pool of money for future payouts is as old as the concept of insurance - only the annuity was developed to insure payouts while a person is still alive. While the annuity has undergone substantial changes since the 18th century, in recent years it has morphed so significantly that previous critics have turned into some of its greatest advocates. Today's retiree is learning that there is an important place for annuities in today's retirement planning. However, it is important to choose the correct annuity for your financial situation and ensure that it works in concert with the rest of your portfolio. When utilized correctly, the annuity can be a very effective retirement income vehicle.
Specialties
Attention Retirees and Future Retirees! Do Not Buy An Annuity Until You Read This Manual! What is an annuity? What are the annuity types? Is an annuity right for me? Are annuities safe? These questions and more are answered right here at AnnuityBasics.org - In Plain English! No confusing financial jargon here! AnnuityBasics.org is devoted to educating retirees and future retirees about annuities. For over a decade, our team of licensed annuity experts have become a leading resource for the selection of annuity products through the education provided from our Annuity News articles, media releases, video testimonials from actual annuity owners and from our nationally-requested Annuity Owner Manual Guide - The Proper Use of an Annuity in a Retirement Income Portfolio.