Annuities have been around since 1759 as a way to provide investors with some assurance on their investments.
Test your knowledge of annuities here with our brief 6-question quiz.
Ouch – you might be a little disappointed by your quiz score, but don’t worry, annuities can be difficult to understand and they aren't for everyone.
The point of our little quiz is to help you improve your knowledge of the asset class. If you're considering an annuity, we would always recommend speaking to a qualified professional. Educating yourself before you move forward with an annuity purchase will help you avoid any surprises in the future.
For additional information, click on links below to learn more.
Annuity literacy resources
Nice work! Sure, you might have missed a couple of questions but you still show more knowledge than most.
You may be considering an annuity or maybe you own one but not quite sure what you have. Whatever your reason for taking our simple quiz, you're not alone. Annuities can be powerful tools if used correctly and understanding what you own and why you own it will help you avoid any surprises in the future.
To help you keep current, our team put together this list of great online resources:
Wow – well, you sure proved you know more than most when it comes to annuities. (Are you an financial advisor?)
But don’t get too cocky – the financial world is always changing, and annuities will continue to evolve.
Savvy savers don’t rest on their laurels – they stay up to date with all the latest, to make sure they’re making the best financial decisions for them and their families.
Check out our editors’ picks about the best ‘must-read’ online resources!