Americans hear a lot about the shaky outlook for Social Security. In the future, the federal program likely will play a smaller overall role in Americans' retirement plans. One way to fill in the gaps of a savings portfolio is to put money in annuities. With an annuity, you pay a premium in exchange for guaranteed income payments at regular intervals. It is most often used for retirement purposes. The basic types of annuities are equity indexed, fixed rate and variable. The major advantage of annuities is that they all guarantee benefits such as tax-free growth, the ability to pass money directly to heirs or charities and an income stream for life. Discover everything you need to know by grabbing a copy today.
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|Size: ||401 KB|
|Date published: || 2015|
|ISBN: ||9781329731608 (DRM-EPUB)|
|Read Aloud: ||not allowed|