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rp29
Level 2
February 27, 2025
Question

Are annuity contributions just returns generated by the annuity?

  • February 27, 2025
  • 2 replies
  • 4 views
No text available

    2 replies

    ThomasM125
    Alumni - Intuit
    February 27, 2025

    No, an annuity contribution is an amount paid in to an insurance company that then invests the funds so that in retirement you will have a steady stream of distributions available to you.

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      rp29Author
      Level 2
      February 27, 2025

      Thanks, that's what I was hoping for.

       

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