What Is an Annuity? Is an annuity an appropriate financial product for you to buy? How do they work?

The word annuity brings a shiver down a lot of people's backs. The word annuity has been conditioned into the minds of many consumers as a bad word that needs to be avoided. However, annuities may actually provide a wonderful benefit. Understanding how they work and if they can solve a problem your facing, annuities may be a suitable option for you.

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