In today's episode, we will be discussing annuities, what they are and what they do. We will also be explaining the five different versions of annuities; single premium immediate annuity, also known as a spear, a deferred income annuity, also known as a DHEA. Then we have a fixed income annuity, an indexed annuity, and a variable annuity. Helping you understand the differences between them and if they are the best option for you.