Returns are tied to market-linked subaccounts (like mutual funds), offering higher growth potential but also the risk of losing principal.
Annuities are categorized by when they pay out and how they grow: buying an annuity
Safeguarding your initial investment from market losses. Lifetime Income: Ensuring you never outlive your savings. Legacy: Leaving a specific benefit for your heirs. Returns are tied to market-linked subaccounts (like mutual
Provides returns based on a stock market index with a "floor" to protect against losses, though upside is usually capped. 3. Evaluate Pros and Cons When do annuities make sense | Retirement - Aviva buying an annuity
begin paying income almost immediately (within a year) after a single lump-sum payment.