Types of Annuity Plans – Understanding Your Options (Business Opportunities - Other Business Ads)
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Types of Annuity Plans – Understanding Your Options | |
Annuities are financial products designed to provide steady income, often for retirement. There are several types, each catering to different financial goals: Fixed Annuity – Provides guaranteed interest and predictable payouts. Variable Annuity – Allows investments in market funds, with returns based on market performance. Indexed Annuity – Tied to a market index (e.g., S&P 500) with growth potential and downside protection. Immediate Annuity – Begins payouts soon after a lump-sum investment. Deferred Annuity – Grows tax-deferred, with payouts starting later. Each annuity type serves specific needs, so consulting a financial expert ensures the best choice for long-term security. | |
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2025-03-09 (0.388 sec)