An annuity is an agreement with a licensed, regulated, and audited life insurance company to guard your capital, pay you interest, and pay you income for a lifetime, like a pension. In fact, most annuities being acquired today by retiring professionals are for that very purpose—to lock in-- and secure a safe, passive income in the range of five to nine percent for life, depending on age and deferral period. Annuities are now in demand for Rollover IRAs from 401ks. The reason is pretty clear--smart, logical people want to avoid being wiped out by the next market crash, and they want the safe, steady permanent income that only an annuity may provide. We have a mini-course on annuities today, then health insurance expert Shelley Grandidge joins us for the Q & A. You don't want to miss today's show, MASTERING MONEY is on the air!!