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Wide range of annuity types available. Competitive variable annuity fees. Cons: Three out of the nine annuities offered are only available to investment advisors and marketing organizations ...
Advantages: A deferred annuity helps you set up an income stream when you need it, typically in retirement. You can fund the annuity over time, instead of with a single lump sum.
For many Americans, retirement savings begin and end with 401(k) plans or Roth IRAs. Though these are great retirement accounts and investment options, they aren't the only ways you can build your...
Most Americans build retirement savings through individual retirement accounts or employer-sponsored plans such as 401(k)s. But another option is an annuity , which is designed to provide a steady ...
Pros. Cons. Can provide money management assistance in retirement. Higher fees and commissions than other financial products or investments come with annuities.
This is the historical SURS defined benefit retirement plan. Unless a member chooses one of the other plans within a specified period of time they are automatically enrolled in the traditional plan. Until 1998 it was the only SURS plan available. It provides lifetime retirement benefits and provides for a survivor benefit at no additional cost ...
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