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Jun 7, 2023 · Learn what a variable annuity is, how it differs from a fixed annuity, and its advantages and disadvantages. A variable annuity is a long-term investment that can grow tax-deferred and provide income, but also has market risk and fees.
Jan 30, 2023 · A variable annuity is a type of annuity pairing the growth potential of the stock market with the steady income offered by annuities. Variable annuities work...
Apr 30, 2024 · A variable annuity is a contract between you and an insurance company. It allows you to grow your retirement savings and receive a steady stream of payments later.
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May 6, 2024 · Variable annuities are a type of annuity contract with a wide range of investment options. Variable annuities can offer higher returns than other more conservative investment contracts, like fixed and indexed annuities — but also come with the risk of losing money during a financial downturn.
Nov 29, 2021 · Learn what a variable annuity is, how it works, and its benefits and drawbacks. A variable annuity is a tax-deferred insurance contract that can provide retirement income and investment growth potential.
Feb 17, 2023 · Variable annuities are commonly used to save for retirement, as they combine investing and long-term income payments into one product. They also operate on a tax-deferred basis, meaning you won’t have to pay income taxes until you begin withdrawing money in retirement.
Learn the basics of variable annuities, a type of contract that offers periodic payments, death benefit, and tax deferral. Compare the benefits and costs of variable annuities with other investments and read the prospectus before you buy.
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