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2. Are Annuities Safe? - AOL

   www.aol.com/annuities-safe-225216157.html

   An annuity is a contract between an insurance company and an individual. The individual pays the company a certain amount of money, either in one lump sum or periodic payments.

3. Best annuity companies in 2024 - AOL

   www.aol.com/finance/best-annuity-companies-2024...

   The company sold more fixed index annuities than any other provider in 2023, with over $1.1 billion in sales, according to a ranking by LIMRA, the largest life insurance trade association in the U.S.

4. Genworth Financial - Wikipedia

   en.wikipedia.org/wiki/Genworth_Financial

   The firm was founded as The Life Insurance Company of Virginia in 1871, in Petersburg, Virginia. Within a decade, the company expanded beyond the south and moved its headquarters to Richmond. Beginning with its first annuities business written in 1928, the company grew to offer products for mortgage insurance, lifestyle protection, and long ...

5. Annuities in the United States - Wikipedia

   en.wikipedia.org/wiki/Annuities_in_the_United_States

   A life or lifetime immediate annuity is used to provide an income for the life of the annuitant similar to a defined benefit or pension plan.. A life annuity works somewhat like a loan that is made by the purchaser (contract owner) to the issuing (insurance) company, which pays back the original capital or principal (which isn't taxed) with interest and/or gains (which is taxed as ordinary ...

6. Voya Financial - Wikipedia

   en.wikipedia.org/wiki/Voya_Financial

   US$11.3 billion (2020) Number of employees. 7,200 (2022) Website. voya .com. Footnotes / references. [1] Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent ...

7. Best Types of Annuities for Retirement - AOL

   www.aol.com/best-types-annuities-retirement...

   An annuity is a contract with an insurance company. You buy one by making either a single, large lump-sum payment or a series of smaller payments, typically stretching for several years.

8. 1035 Exchange: How To Exchange an Annuity or Life Insurance ...

   www.aol.com/1035-exchange-exchange-annuity-life...

   A 1035 exchange is a type of like-kind exchange that allows a tax-free exchange of a life insurance policy, annuity contract, long-term care product or endowment for another of a similar structure ...

9. First Colony Life Insurance Company - Wikipedia

   en.wikipedia.org/wiki/First_Colony_Life...

   1955. Founder. Edwin Horner. Headquarters. Lynchburg, Virginia. First Colony Life (FCL) was an American life insurance company based in Lynchburg, Virginia that was acquired in 1996 by GE Financial Assurance (a subsidiary of General Electric), and later became Genworth Life and Annuity Insurance Company, a Genworth Financial company in 2007.