On the money
An annuity is one method of saving designed to generate future retirement income. There are different types of annuities and tax rules that accompany them. To help sort out questions about annuities, several Web sites offer a range of information. If you’re interested in this retirement income option, you might want to visit one of these sites:
- AARP
www.aarp.org/financial-investsave/Articles/a2002-09-12-annuities.html
The article examines factors to consider when investing in annuities.
- Annuity Advantage
It covers a range of annuity-related topics and issues.
- Financial Consumer Guide
www.financialconsumerguide.com/investing/annuities/
The site offers basic and in-depth information on fixed and variable annuities.
- U.S. Consumer Information Center
www.pueblo.gsa.gov/cictext/money/annuity/annuities.htm
It explains different annuity types and options.