annuity

A single-premium immediate annuity sold by insurers and brokerage firms — where you hand over a lump of money and the company invests it — can also provide monthly lifetime income.

At the same time, other advisers say that some people might not be able to keep their extravagant ways in check, making an annuity could be a safer option.

Proceed carefully if you are considering an annuity.

No threats, no bribes, no offers of annuities or gifts, no peace overtures could sway him from fighting for them, their land and their traditional way of life.

My mom was so afraid of losing any money in the stock market that she put her whole life savings into guaranteed annuity contracts.