Schlagwort:annuity

How to Choose an Annuity

Pensioners need to receive a regular income once they have retired and it can prove difficult to manage a large sum of money for a long time. This is why annuities are used to split the pension into a fixed and regular income. The majority of people decide to stay with their current pension provider without shopping around to find the best annuity rates, however this can result in a loss of potential income as when time is taken to compare the different annuity providers, many pensioners can find a 30% increase in income is possible.

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What You Should Know About Fixed Annuities

Today there are a many annuity products available. Fixed annuity is one of these popular products. There are two primary forms of fixed annuities; those that don’t payout right away and those that have an immediate payout. Immediate annuities usually payout income upon inception, and deferred annuities defer payment until a later date.

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