Annuities can be a good option for investors seeking steady income during retirement. To get started, it's important to learn ...

Read More: 5 Genius Things All Wealthy People Do With Their Money During the accumulation phase, the policy owner (typically ...

Annuitant: The person on whose life the income payments are based. The contract owner decides who the annuitant will be. The contract owner and the annuitant are often the same person. Annuitize ...

The death benefit is usually triggered by the passing of the annuitant, although there are contracts in which the contract owner’s death triggers the benefit. (The owner and annuitant can be ...