are forms of pension insurance entitling you to an income for life.  How much you receive is determined by the rate the annuity provider offers.  Annuity rates are determined by gilt rates and life expectancy.  The types available are single-life which covers just you or a joint-life which pays an income after you die to your partner or spouse unti [..]

Annuity can refer to a series of fixed-amount payments paid at regular intervals over the period of the annuity. The determining characteristic of an annuity is that the annuitant has an interest only [..]

A charitable gift annuity is an arrangement under which a donor transfers capital to a charitable organization in exchange for immediate guaranteed payments for life at a specified rate depending on life expectancy or for a fixed term. A charitable organization may enter into arrangements to issue annuities without jeopardizing its status as a regi [..]

are sums of money payable each year.