With an immediate income annuity ... payments equal the full amount of your annuity purchase price, your named beneficiary will receive the difference. For example, if you deposited $100,000 ...

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They offer tax-deferred growth, allowing earnings to accumulate without immediate ... annuity depends on a retiree's unique situation and financial goals. Annuities spark plenty of debate between ...

And since your annuity will provide guaranteed income later on, you may be able to take a more aggressive investing strategy with your other assets. What Is the Difference Between Annuities and ...