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How are pension plans funded by life insurance policies or annuities?

In: Insurance, Life Insurance, Labor and Employment Law, Annuities, Retirement Planning, Keogh and Pension Plans [Edit categories]

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I know that some pension plans are funded with Annuities. Basically an annuity is a retirement vehicle that you contribute to and then when you retire, that annuity is then "annuitized", meaning you start to receive payments.

But it provides a safe way to invest your money, because they usually have guaranteed interest rates.

First answer by Wfcmarketing. Last edit by Wfcmarketing. Contributor trust: 52 [recommend contributor ]. Question popularity: 22 [recommend question].

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