We’ve written before about whether annuities are a fit for your retirement profile.
But let’s back up. What are annuities in the first place? And what are all the different types?
The basics of annuities are the same no matter what type you purchase: You pay an insurance company a set amount of money in return for regular payments, a guaranteed income that can help fund your retirement.But when these payments arrive, how long they continue, and how big they are all depend on the type of annuity and the specific terms you agree to.Here are a few of the most […]
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