A: An annuity is
a contract
between you (the
purchaser or
owner) and an
insurance
company. You pay
money to the
issuer, and the
issuer then pays
the principal
and earnings
back to you or
to a named
beneficiary.
Annuities
can be a great
way to save for
your Retirement,without the
volatility of
the stock market.
One of the
biggest
advantages of a
GSM annuity is
that your money
grows tax
deferred until
you withdraw it.
