An annuity is a form of insurance protection tied to a long-term investment that pays the investor back in a predetermined scheduled of annual payments for the duration of their life.

The value depends upon choosing a guaranteed payout in the form of a fixed annuity, or a variable annuity offering a stream of payments determined by the performance of investments vehicles that undergird the annuity.

Be wary of accumulating management fees and check the Securities and Exchange Commission website. Considering an annuity? Make sure you ask the experts at Ashcraft Associates Insurance Agency in Alexandria, VA, specific questions and scrutinize the fine print with a magnifying glass before you sign any paperwork.

Annuities Providers Serving VA, MD, and DC