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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.
These annuities also limit market losses. Variable annuities: Returns depend on the performance of underlying investments (such as stocks and mutual funds), allowing for growth but also exposing ...
2. Variable annuity. A variable annuity allows you to get a payout that may grow over time by investing your money in various mutual funds or other funds that hold stocks, bonds and other assets ...
Fixed annuities are contracts with insurance companies that offer a fixed interest rate for a specified period. For example, you may earn a guaranteed 5% for leaving your money in the annuity for ...
Variable annuities. These invest your purchase payment in securities like stocks and bonds. Without a guaranteed rate of return, payouts fluctuate based on performance of these underlying investments.
You can turn a lump sum of cash into guaranteed income with annuities, which could be the best option for some. Annuities Diversify Your Retirement Portfolio “Including annuities in a retirement ...
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