What Happens At The End Of My Annuity?
Question: What happens at the end of my annuity? Answer: Usually people that ask me this question are typically talking about either a fixed rate annuity or an indexed annuity. So I’ll answer the question with those in mind (ie. a 5 year fixed annuity or a 10 year indexed annuity). So let’s look at each type separately: Note: You will see that the big difference between the two types is Option #1. With indexed annuities you can usually stay with them as long as...
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