Annuities are financial products designed to provide a steady stream of income, typically during retirement. They are offered by insurance companies and can help protect your savings while ensuring you don’t outlive your money. Depending on the type, annuities can offer guaranteed income, tax-deferred growth, and flexible payout options to match your financial goals.
Whether you're planning for retirement or looking for a more predictable income strategy, annuities can be a reliable solution for long-term financial security.