The Basics of Annuities
The value of annuities
Annuities can help address one of your fundamental concerns: Outliving your savings. They offer you guaranteed lifetime income payments*, which may give you freedom to fulfill your retirement dreams and help with your financial peace of mind. They also give you flexibility to use your cash however you choose.
An annuity may be right for you if…
Two basic types of annuities
What annuities can offer
How annuity payments can be used
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How you use your annuity payments is up to you. Many people use the money to:
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Pay everyday living expenses
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Supplement Social Security payments or other income sources
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Fund a grandchild’s education
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Contribute to charity
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Purchase other insurance products
