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  2. Jun 7, 2023 · A variable annuity is a type of annuity contract that can vary its value based on the performance of an underlying portfolio of sub accounts. It offers the possibility of higher returns and greater income than fixed annuities, but also more risk and fees. Learn the pros and cons of variable annuities, how they work, and how they compare with fixed annuities.

  3. 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.

  4. Nov 29, 2021 · Learn what a variable annuity is, how it works, and how it can help you accumulate and convert assets into income in retirement. Compare variable annuities with fixed annuities and explore the pros and cons of this tax-deferred insurance contract.

  5. 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.

  6. Jan 17, 2024 · A variable annuity is a contract between you and an insurance company that allows your money to grow tax-deferred and choose from various investment options. Learn how it works, what fees and taxes to expect, and when to consider it for your retirement income.

  7. Apr 1, 2024 · A variable annuity is a way to get the stability of a traditional annuity product with the gains of an investment account—for a price. Unlike with a more common fixed annuity, a variable...

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