Do You Know Your Annuity Options?
by BiasharaStreet Posted on 08/04/2014
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If you have been paying some of your income into a pension, you can buy an annuity when you retire. An annuity is an income paid to you by an insurance company on your retirement in return for a lump sum payment.

An annuity can have continuing payment with a fixed total annual amount. An annuity that has no definite end is called a perpetuity.

Do You Know Your Annuity Options?


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