What Are Annuities Used For?
- 63333 POINTSContact Meview profilePeggy MacePROMost of the U.S.Annuities are used for many, many purposes and reasons. Some common things/reasons annuities are used for are: regular retirement income, receiving a lump sum of money in regular payments over time, wanting someone to manage their money for them, a safe investment, and the tax favorable aspects of annuities.Answered on October 8, 2013+01 0+1 this answerflag this answerview more answers by Peggy Mace
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