To get started, it's important to learn some basic annuity terms ... on your risk tolerance and financial goals. Tax-deferred growth: Annuities grow tax-deferred until you make withdrawals ...

That money is invested with the aim of it growing over time. 5. Distribution phase: This is the period in which you begin to receive periodic payments. 6. Death benefit: If you own an annuity you ...

Tax-deferred growth. Money in a fixed index annuity account grows tax-deferred. It's a good way to shift some tax burden to the future. Credit based on market index performance. You can earn ...

This sort of annuity is good for investors who are somewhat risk-averse but still want their retirement income to have some exposure to potential market growth. Let’s say an investor set up a ...