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Annuity

  • An annuity is a type of savings plan used by individuals looking for long term growth and protection of assets that will likely be needed within retirement. Millions of people utilize annuities every year to ensure that they have a guaranteed retirement nest egg, as annuities provide a number of specific advantages over other traditional investment vehicles. An annuity can provide tax deferred benefits, long term growth, guaranteed interest rates, probate protection, trust advantages and lifetime income, and still guarantee the security of principal and earnings from your savings.
  • There are two types of annuities - Registered and unregistered annuities.
 

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