Annuities help protect you against outliving your resources
An annuity is a contract between you and an insurance company
You can utilize deferred annuity to accumulate money for future usage
There are a number of different annuity plans available for consumers
Each annuity has a pair of basic properties
One property is whether payout is immediate or deferred
Another property is whether returns are fixed (guaranteed) or variable
Some annuities are used to fund a tax qualified plan
While misunderstood, annuities are a very versatile product
An agent can assist you in your search for an annuity product
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