1. 63333 POINTS
    Peggy Mace
    Most 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
  2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>