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The purchaser presents revenue (sometimes to be a lump sum, from time to time like a series of payments) as well as the insurance company guarantees to pay that a reimbursement as time passes as being a lump sum or number of payments, as well as desire gains. Rapid vs. deferred annuities
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Not all annuities perform under a simple “give the corporate a lump sum of cash and so they’ll concern a paycheck” structure. They grow to be a little bit much more multifaceted in what they do. The fixed annuity
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