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2. What is an immediate annuity? Benefits, risks and how ... - AOL

   www.aol.com/finance/immediate-annuity-benefits...

   A single-premium immediate annuity (SPIA) is the simplest and most common type of immediate annuity, and it’s what people usually mean when they reference immediate annuities.

3. Annuities in the United States - Wikipedia

   en.wikipedia.org/wiki/Annuities_in_the_United_States

   A viable alternative to the life-with-period-certain annuity is to purchase a single-premium life policy that would cover the lost premium in the annuity. Impaired-life annuities for smokers or those with a particular illness are also available from some insurance companies. Since the life expectancy is reduced, the annual payment to the ...

4. What Are Annuities and How Do They Work? - AOL

   www.aol.com/ultimate-guide-annuities-2023...

   An annuity is a contract between you and an insurance company where you make a lump sum payment or a series of payments, and in return, you receive periodic disbursements either immediately or at ...

5. What is an annuity? Here’s what you need to know before ...

   www.aol.com/finance/what-is-an-annuity-200110157...

   Using today's rates, a $10,000 immediate annuity for a 65-year-old might pay around $75 to $80 monthly for life. Delaying payments or investing more money would increase this amount.

6. Life annuity - Wikipedia

   en.wikipedia.org/wiki/Life_annuity

   Life annuities may be sold in exchange for the immediate payment of a lump sum (single-payment annuity) or a series of regular payments (flexible payment annuity), prior to the onset of the annuity. The payment stream from the issuer to the annuitant has an unknown duration based principally upon the date of death of the annuitant.

7. Here’s how much a $1 million annuity pays per month ... - AOL

   www.aol.com/finance/much-1-million-annuity-pays...

   This type of annuity is also called a single-premium immediate annuity, or SPIA. Deferred annuities: Begin payouts at a future date, often years or even decades in the future.

8. Retirement annuity plan - Wikipedia

   en.wikipedia.org/wiki/Retirement_annuity_plan

   An immediate retirement annuity is an annuity that is purchased in a single lump sum, and payments on it begin immediately (30 days to 12 months), after the entry into force of the contract (there is no accumulation phase). An immediate annuity is good for turning a large amount of money into a source of permanent income (some kind of pension).

9. What Do I Need to Know About Straight Life Annuities Payout ...

   www.aol.com/finance/payout-options-straight-life...

   A straight life annuity is a form of annuity that makes payments for a single person's life. It does not pay a death benefit, nor does it pay spousal benefits. The annuity payments end when the ...