How Long Have Annuities Been Around?
Question: It seems like annuities are all the rage. How long have annuities been around? Jimmy from Florida Answer: That is a good question with a very interesting answer Jimmy. Ironically, my weekly annuity column on WSJ/MarketWatch kind of addresses this issue. I encourage you to take a look. Most historians give the credit (or blame) to the Romans for introducing the world to annuities. Below are some key historical dates that you might find interesting, with the full chronological list shown in this week’s...
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