Annuities are not at all easy to handle. They are complicated and need thorough research before entering the field. Particularly, when annuities can also be involved in retirement plans and any other plans of equal importance, it is important that one makes sure they have complete clarity over what annuities are, how they function, what would be the benefits, and how to weigh the pros and cons; only then can you make a move in this aspect.

Here are some of the companies currently offering the best annuity rates in the market:

• For “the highest guaranteed return”, you can take a look at Annuities.com that offers safe retirement income and up to 7% returns without any market risk. Fill out a simple form   and get a free annuity comparison report as per your specific requirements.
• For immediate “cash installment refund” annuities, which implies that the principal would be paid out to the heirs monthly, in case the investor dies, American National can provide an annual income of around $13,759 for life when the percentage paid on investment is 6.88%, and the total income received by the age of 90 would be around $275,180. National Integrity Life can provide an annual income of around $13,577 when the percentage paid on investment of 6.79%, and the total income by age 90 would be around $271,540. Securian Life can provide an annual income of around $13,506 when the percentage paid on investment is 6.75%, and the total income by the age of 90 would be around $270,120.
• For deferred income annuities called “personal pensions,” which would assume that a 6-year-old male puts in $200,000; income would begin at the age 70 and the remaining principal is paid to the heirs in case the investor dies, Lincoln National Life can provide an annual income of around $21,015 and the total income received by the age of 80 would be around $420,300. Foresters Life can provide an annual income of around $20,998 at the age of 70, and the total income received by the age of 90 would be around $419,960. New York Life is known to provide an annual income of around $20,910 at the age of 70 and a total income of $418,200 by the age of 90.

Safe retirement planning is the need of the hour and knowing which annuities will help you get the highest return will help in planning your retirement well. Compare various annuities online to know which one is designed as per your specific requirements.