Earning guaranteed income with an annuity can be a great way to bolster your retirement plan. Before you buy, you need to decide whether a qualified or non-qualified annuity is best suited to your needs. What Is an Annuity?
The purpose of an annuity is to provide guaranteed income in retirement. They can strengthen your financial plan by giving you confidence that you won’t outlive your retirement savings.
Technically, an annuity is an insurance contract that supplies you with guaranteed income, starting either immediately or at a time in the future. You can purchase an annuity with just one payment […]
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