In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment.

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Some firms allowed those who took their lump sum, and regretted it in the light of the lack of policy change, to put their ...

Winning the Powerball is a dream come true, but deciding between an annual payout or a lump sum can shape your financial future.

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. GREENSBORO, N.C. (WGHP) — If you’ve ever ...