Annuity is a financial product by the insurance company offers, is designed to ensure source of recurring income stability, particularly in the retirement phase. Participants will a sum of money (can close a time or multiple times in a certain time). To the time of agreement, the insurance company will start paying recurring income for you according to the month, quarter, or year, depending on the initial selection.

The strong point of the Annuity is to create the financial security in retirementhelp you do not have to worry about running out of money saving too soon. In addition, Annuity usually have many flexible options, such as pay lifetime income to participants, or pay for a fixed period of time (e.g. 10 – 20 years).

Outstanding advantages:

• Ensure source stable income when retired.

• Can choose form received: lifetime, or in a certain stage.

• Help complement and reinforce each for the other sources of income (such as pensions, personal savings).

• Bring peace of mind financially in the future.

Restrictions:

• Low liquidity, difficult withdrawal flexible after they've joined.

• Profit is not high in the form of other investments.

• Free terms and conditions can be complex, need to read carefully before signing.

Annuity fit people who want to have retirement planning safe and surepriority to stability rather than high profits, and the desire to maintain a comfortable life when no longer go to work.