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Annuities


An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your plan for retirement. Annuity contracts, however, have widely varying terms, and some charge high costs. If you’ve ever wondered what is an annuity, our guide will help you understand the key details so you can decide whether an annuity might be right for your retirement plan.

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