Buying An Annuity Apr 2026

begin paying income almost immediately (within a year) after a single lump-sum payment.

Returns are tied to market-linked subaccounts (like mutual funds), offering higher growth potential but also the risk of losing principal. buying an annuity

Annuities are categorized by when they pay out and how they grow: begin paying income almost immediately (within a year)

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

Offers a guaranteed interest rate and predictable payouts.

Covering potential future medical or confinement costs. 2. Choose the Right Type of Annuity