How much money does it take to start annuity?

The amount required to start an annuity can vary widely depending on the type and provider. Some fixed annuities may have minimum investments ranging from $5,000 to $10,000, while others, particularly variable annuities, might require higher initial contributions, often starting around $10,000 to $25,000. It's essential to review specific products and providers for their minimum investment requirements and terms.