Saving With Silverman

What Are Annuities and How Do They Work?

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Sinopse

There’s a lot of confusion out there about annuities, probably because there are different types that do different things. We’ll explain what they are and how they work.   Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-25-what-are-annuities-and-how-do-they-work    What we discuss on this episode:  1:55 – Immediate annuity 3:25 – Fixed annuity 4:01 – Variable annuity 5:15 – Fixed index annuity 6:53 – Annuities Mark uses 8:03 – Using annuities to meet financial goals