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What to Expect When Purchasing Your First Annuity
Annuities

What to Expect When Purchasing Your First Annuity

June 14, 2022

An annuity is a contract between an individual and a life insurance company in which an individual contributes premiums to the insurance company in exchange for the guarantee of interest accumulation and the option of future income payments. Essentially, you make payments now and the insurance company agrees to begin making payments back to you – with…

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