What are the different kinds of annuities

There are many types of annuities; Fixed Annuities, Multi Year Guarantee Annuities (MYGA), Portfolio Rate Annuities, Fixed Indexed Annuities, Variable Annuities, Immediate Annuities (SPIA) and terms that help to identify specific features within the annuity. such as: Flexible or single premium annuities. This means having the ability to add money or not. There are a variety of annuities to help fit your individual needs. Annuities are issued by insurance companies and all vary within the contract design. Please consult with a trusted Safe Money Representative to help you decide which annuity best fits within your financial plan.

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