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types of annuity
Annuities For Growth, Fixed Annuity, Income Annuities, Index Annuity, What To Watch Out For,

The Importance of Understanding The Different Types of Annuity

Understanding Different Annuities Receiving A¬†Paycheck For The Rest Of Your Life Sounds Great, Right? This isn’t a dream. It’s actually possible thanks to annuities. Annuities are a form of life insurance. You pay a sum of money (called a single premium annuity, not to be confused with a SPIA). This can be either all at once or over a period of time (flexible premium annuity). In return, your money does not go down (only if you buy from one of our advisors), it only goes up (depending on the crediting option you choose). ¬†Also if you buy an income rider (you will pay a fee, should only be about 1%) you receive regular disbursements of that money until you’re no longer living. A staggering 84%