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What are the different types of annuities?
Answered By Ammon Yorke, Editor
In the case of annuity it has only two different types. They are basically known as the fixed annuity and the variable annuity.
Fixed annuity earns an assured interest rate in a definite period of time. If the period of times expires, there would be a new interest rate for the next period of time. The variable annuities they have a lots of funding options than the fixed annuity for the reason that their performance depends on the option of investment of the principal and return are not approved.
--- permission must be obtained from editor Ammon Yorke to re-publish ---
keywords: Annuities | Annuity | Investment
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