> #financial-management , #finance , #investments > What is an annuity?
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joyline yegon
Apr 2
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Apr 2
An annuity is a financial product that provides a series of payments to an individual over a specified period of time. Annuities are typically purchased from insurance companies and can be used as a way to receive a steady income stream during retirement. There are different types of annuities, including fixed annuities, variable annuities, and indexed annuities, each with their own features and benefits.
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