After the death of a loved one, thinking about finances and legal contracts can be overwhelming. However, it’s important to understand that annuity contract terms often continue even after the annuitant's death. ✅ Can Annuities Be Inherited? Yes—annuities can be and typically are inherited by designated beneficiaries. The payout terms generally continue in the same manner as before the original annuitant passed away. 💍 Spousal Continuation If the beneficiary is a spouse, t

When planning for retirement, one of the last things you need on your mind is the fear of losing the money in your retirement plan. The good news is the majority of typical annuities don't make you lose money. Fixed annuities will offer you a fixed interest rate completely unrelated to the performance of any market or index. Fixed index annuities offer similar protection where you're in. grows based on the positive movement of a particular stock or bond index. Now, here's t

Many investors want to know if annuities are safe, or if they are on par with other forms of investments like mutual funds or bonds. Before I answer this question, I've got to remind you that all forms of investment carry some level of risk, and there is no such thing as a perfectly safe, risk-free investment. Sorry. Now that said, annuities are generally considered to be a safer form of investment because the income they produce is guaranteed. However, this guarantee is on