You may have heard that IRAs and 401(k)s are the best ways to invest for retirement.
But if you have maxed out your contributions to those accounts and want to save more? An annuity may be an appropriate investment to look into.
An annuity is a tax-deferred insurance contract. There are two phases to an annuity. The accumulation 
phase when you are funding the annuity.
Then the distribution phase when you are receiving payments from the annuity.
Chances are, you'll start receiving payments after you retire.
Understanding your annuity payout options is very important.
An annuity can often be a great addition to your retirement portfolio.
If you think that an annuity is right for you, your next step is to choose the right type of annuity for you.
It pays to shop around for the right annuity.
Learn More About 401k Rollovers and IRA Rollovers
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