What Is The True Value Of An Immediate Annuity?
Question: I need an additional income stream for me and my wife and am looking at a Single Premium Immediate Annuity as a possible solution. How do I figure out the return? What is the true value? Fred from San Antonio, Texas Answer: Thanks for the question Fred. This is a topic that is becoming more and more prominent of an issue as baby boomers retire and need more guaranteed income. As a short history lesson, Immediate Annuities (also called – Single Premium Immediate Annuities)...
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