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Agencies :: Fixed Annuities
Usually purchase for retirement income, Fixed Annuities combine features of retirement programs and mutual funds individuals are able to contribute funds either as a lump sum or as periodic payments, and as of a specified date receive regular income distributions.
Annuities are ideal for individuals seeking immediate or deferred income, as well as for corporation seeking a retirement plan for employees.
Fixed annuities offer a guaranteed rate of return, determined by the account's value and the insured's life expectancy. Income payments remain constant, with no adjustment for inflation. Individuals who desire income protected from inflation may want to consider a variable annuity vs. a fixed annuity.
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