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A Fixed Annuity 101 Guide

3 days ago   |   By Business 2 Community

Those new to the finance world and looking into retirement may be overwhelmed with all the new terms and information out there. In this article, we give you a Fixed Annuity 101 Guide to help you understand everything you need to know about them.
What is a Fixed Annuity?
A fixed annuity is essentially an insurance contract that promises pay to the buyer. They guarantee a specific interest rate contingent upon the contributions from the buyer to the account. Simply put, the buyer gives a lump sum or makes a series of payments over time to an insurance company. In return, the buyer gets fixed...
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