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This kind of benefit is typical on variable and indexed annuities, where the accumulated balance depends on the investments’ performance. Long-term care insurance
Many annuity companies have relatively low minimum premiums, often as low as $2,500 to $5,000 for some types of fixed annuities and around $10,000 to $15,000 for variable annuities.
The post Best Types of Annuities for Retirement appeared first on SmartReads by SmartAsset. Annuities can provide retirees with a guaranteed stream of income, but choosing the right type is key to ...
Variable annuities: Returns depend on the performance of underlying investments ... look for companies with high ratings from reputable rating agencies such as A.M. Best, Moody’s and Standard ...
Annuity riders. Annuities can be structured in many different ways, depending on your needs. These optional features are called riders and provide a higher level of benefits — at a cost ...
Guaranteed rates of return for fixed annuities: Fixed annuities pose little financial risk because your interest rate is locked in, meaning you are guaranteed a payment during the payout phase.
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