Use annuities to balance your investment portfolio Deciding which investment options to add to your portfolio can be tricky, and you need a working knowledge of your choices to make educated decisions. Investing In Annuities For Dummies is an approachable, easy-to-use resource that provides you with a clear and thorough introduction to annuities. Youll explore what annuities are, how to buy them, where to buy them, how to use deferred annuities to save for retirement, how to incorporate income annuities into your retirement income strategy, how interest impacts your taxes, the best and worst ways to choose annuities, and how to diversify among the annuity holdings in which you invest. Essentially, annuities are contracts drafted between individual investors and insurance companies.