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• Overview
• What is an annuity?
• What types of annuities are there?
• What does "annuitize" mean?
• What are "sub accounts" or "underlying investments"?
• How are annuities "tax advantaged"?
• How long do annuity payouts continue?
• What are the advantages of an annuity compared to an IRA or 401(k) or other retirement plan?
• What fees and charges are associated with annuities?
• Is an annuity liquid?
• Where do you buy annuities?
• Who is promising your return?

Annuities

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What is an annuity?

An annuity is a contract between you and an insurance company. It's a tax-advantaged account that can help you accumulate money for retirement and/or get an income stream during retirement that's guaranteed to last for your lifetime or another specific period of time.