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www.reference.com/article/annuity-9674761a5e8e4c88

An annuity is a contract between an individual and another party, typically an insurance company, in which the individual pays the second party a lump sum in return for a series of regular payments, explains Investopedia. The purpose of an annuity is to give investors r...

www.reference.com/article/annuities-pay-high-rates-57a6b42d30f2771d

Some annuities with high payout rates as of September 2015 include Sentinel Security Life, Guggenheim Life and Annuity, Midland National Life, North American and Delaware Life, states Immediate Annuities. These annuities have a surrender period of 10 years.

www.reference.com/article/annuity-work-56cba642b492e2c5

An annuity is an insurance product that pays the investor according to a specified schedule. Annuities can be purchased in a lump sum or increments. Annuity payouts can be scheduled monthly, quarterly and annually, or paid out in a lump sum. Periodic annuity payments ca...

www.reference.com/article/sell-annuity-78e9219e4d00c2ce

Sell annuities through settlement companies such as J.G. Wentworth, which also purchases structured settlements, notes Bankrate. Be aware that selling annuities before the age of 59 1/2 can lead to surrender charges of up to 10 percent and may trigger federal taxes and ...

www.reference.com/article/transfer-annuity-8afd1fd021dc1641

To transfer an annuity, you must use a 1035 transfer, check the old annuity contract to see whether a penalty applies if you cash out the contract early, and consider a partial 1035 transfer. Other steps include filling out the annuity paperwork and tracking all the mon...

www.reference.com/article/use-annuity-calculator-62446915c5e6bf8f

The calculator at Bankrate.com requires users to input data that includes withdrawal amount, length of annuity in years, withdrawal frequency and initial principal to obtain needed results. In contrast, the number cruncher at CNNMoney’s website requires users to simply ...

www.reference.com/article/annuity-tables-used-1d6d079184a17ef

Annuity tables provide a method for determining payment structure, individual payouts and the life of the contract, according to Investopedia. An annuity is a type of contractual payment that converts savings such as pensions into monthly or yearly payouts for individua...