For example, you can structure an annuity to offer a cash payout on death, much like life insurance. You can also structure an annuity to pay for a specific period of time such as 20 years or even ...

In terms of how to buy an annuity, it's possible to start … Continue reading → The post How to Buy an Annuity: A Step-by-Step Guide appeared first on SmartAsset Blog.

How to Decode Your Annuity Statement In this video, Dana Anspach of Sensible Money provides a step-by-step guide to reading and decoding annuity statements.

Annuity earnings grow tax-deferred and are taxed upon receipt. Qualified Annuities are purchased with pre-tax money, and the entire death benefit is taxed as ordinary income.

Here are several ways high-net worth individuals can use annuities strategically — and when you might be better off exploring ...