Robert Peter

An annuity is an insurance policy. It can be used by an individuals as part of a personal savings plan, these financial products may also be used by companies. A company that uses an annuity policy normally uses the policy as a retirement plan set up for employees. These plans may be qualified under the Employee Retirement Income Security Act (ERISA)

The US economy has created over 100,000 jobs in each of the past seven months.But still well below the 200,000 needed to rapidly bring down the unemployment rate which remained at 8.2% at the end of March 2012.