Annuity Insurance

Annuity Insurance - What is an annuity? Look at it as an insurance contract designed to provide retirement income. The actual definition of the term "annuity" is a stream of payments that is guaranteed (by the issuing company) for a period of time.

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- Frequent Annuity Questions
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- What Is A Secondary Market Annuity?
- My Review of Nationwide's New Indexed Annuity
- How To Pick The Right Indexed Annuity
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Annuity Insurance A surrender charge is a type of sales charge that applies if you withdraw money from an annuity within a certain period of time, usually six to ten years. This period of time is referred to as the surrender period. The surrender charge will decline over a period of years until it no longer applies.