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Gainbridge offers two primary types of annuities: multi-year guaranteed annuities (MYGAs) and single premium immediate annuities (SPIAs). MYGAs provide a guaranteed interest rate over a specific ...
How annuities work. An annuity’s payout structure depends on the type of annuity you buy. After you make the initial deposit, the annuity company invests these funds. Over time, your money grows ...
Retirees often consider annuities as a good way to generate income in retirement. In fact, an annuity can provide income that you cannot outlive. But they can be complicated - and expensive - so ...
The main types of annuities are fixed, variable, immediate and deferred. One option you might consider is the Gainbridge FastBreak annuity. You’ll earn a 6.15% APY* on this annuity, which comes ...
The type of annuity you choose: Fixed annuity returns are tied to interest rates while variable annuity returns are based on the performance of underlying investments. Types of immediate annuities
Annuities are financial products sold by insurance companies. They’re regulated through a combination of state and federal oversight, with most of the responsibility falling to state insurance ...
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Annuities are a tool that can create reliable retirement income that can last as long as you do. Each annuity is a contract between you and an insurance company: You provide the company money now ...