Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US Are annuities a good investment for someone still working and paying into a 401K plan? The answer may depend on the details of your personal financial situation. Since you provide none of that, generally speaking the answer would be no. An immediate annuity--one that immediately begins making monthly payments--would tie up your savings. Your personal situation could change a lot by the time you retire but you may be unable to cash in the annuity at a later point. For the same reason, a deferred annuity--one that begins paying income some time in the future--isn't a good idea. Until you reach the point of retirement, you don't have a full picture of your finances and may later regret making a long term commitment now. A deferred variable annuity is basically a tax shelter for stock and other riskier investments, usually with very high fees and expenses. You already have access to a tax shelter (the 401(k) plan) and it probably would have lower fees and expenses than the variable annuity. When you reach the point of retiring, buying an immediate annuity might make sense. But don't put that much of your savings into it--certainly no more than half. In retirement, it always helps to have some cash savings.