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Annuity Leads
When an employee retires, the employer offers monetary retirement benefits, such as a pension or cash balance plan, as a gesture of gratitude for the employeeÂ's service. Many people like to invest their retirement packages in insurance companies, on the condition that their money is paid back to them on a regular basis. The investor `buysÂ' this arrangement, known as an ‘annuity,Â' from the insurance company. By going in for an annuity, the investor is assured of a regular income through retirement, or thereafter to his heirs.However, if the individual needs to meet any major financial needs, such as buying a home, the annuity payments that he receives may not be adequate. If he wants to withdraw some amount he can do...
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