Thursday, May 03, 2007
Immediate Annuities Offer Income for Life, But There Are Risks
An immediate annuity is basically an insurance product that converts a lump sum (the premium you pay) into an income for life (payments you receive, such as every month, until you die). It works as a "private pension" and is in essence insurance against living too long and running out of money.
Immediate Annuities Offer Income for Life, But There Are Risks
Source: Zwire.com (TriValleyCentral)
Immediate Annuities Offer Income for Life, But There Are Risks
Source: Zwire.com (TriValleyCentral)
Permalink posted by armandn @ 7:23 AM 
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