Fri 25 Jul, 2014 04:37 am
Many people I know have invested in an annuity plan. What benefits can I get if I invest in one?
@Ragman,
Quote:an·nu·i·ty
əˈn(y)o͞oitē/
noun
plural noun: annuities
a fixed sum of money paid to someone each year, typically for the rest of their life.
"he left her an annuity of $1,000 in his will"
a form of insurance or investment entitling the investor to a series of annual sums.
"an annuity plan"
Ragman is in his humour mode.