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Annuity Comparison Chart

Annuity Comparison Chart - Annuities are insurance products designed to provide you with regular income—often for life. At its most basic level, an annuity is a contract between you and an insurance company that shifts a portion of risk away from you and onto the company. In investment, an annuity is a series of payments made at equal intervals based on a contract with a lump sum of money. Many also have investment components that can potentially increase. An annuity is an insurance contract that exchanges present contributions for future income payments. We'll help you grasp the basics of this guaranteed income stream. An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning. If annuities mystify you, here's a clear annuity definition and a glossary of key terms. An annuity is a financial product that pays out a fixed and reliable stream of income to an individual, which is typically of primary importance to retirees. There are 2 basic types of annuities:.

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