Business and Finance
Next Entries »What’s An Annuity?
Tuesday, November 27th, 2007An annuity has several definitions and variations, but most simply it is a payment to a person from an investment contract or from the settlement of a personal injury lawsuit (structured settlement). Payments may occur 1 time or may be monthly, quarterly, or yearly. One kind of annuity is essentially a retirement plan – a person regularly pays [...]
