Respuesta :
An annuity is best described as a sequence of equal payments made at regular intervals.
What is an annuity and how does it work?
Annuities offer a guaranteed lifetime income in the event that a person's present retirement assets fall short of covering expenditures. An inflation-indexed annuity is one type of investment that helps protect your money from the effects of inflation.
Is a 401(k) better than an annuity?
Another big difference is an annuity, which ensures a payment for as long as you live. So, at least with most annuities, you still can not run out of cash. In contrast, a 401(k) only can give you the money you've contributed plus the investment returns you've made on those assets.
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