Because insurance companies can set their own rates and contract terms, calculating annuity payments can be tricky. Thankfully, there are some tactics you can use to calculate your annuity payments.

As with the present value of an annuity, you can calculate the future value of an annuity by turning to an online calculator, formula, spreadsheet or annuity table. You’ll need this information: ...

Find out how the annuity formula works and how to calculate present and future value. Get a simple breakdown of key concepts.

What exactly is an annuity and how do they work? Simply put, an annuity is a financial product that provides a steady income stream, often for retirement.