Are annuities a source of passive income?

Good question.

Yes, annuities are a source of passive income.

Life insurance companies sell annuities. These annuities in some cases will provide a person income for the duration of one’s life.

Annuities involve a person placing an amount of capital in exchange for guaranteed payments over a certain period of time. They absolutely can provide long term passive income but often at the expense of low returns.

If you would like to learn more about investing for passive income, just register for my free weekly training at the link below:

https://www.meetup.com/benjamin-z-millers-investor-networking-group/

I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com