A beginner’s guide to Annuity and how does it work?

Posted by - December 19, 2022

Annuity meaning: What Is It? We will start this article with an annuity meaning. A financial product called an annuity is used to increase savings or produce income. Fixed and variable annuities are the two main categories. While the interest rate on a variable annuity varies with the market, it is guaranteed with a fixed