Wouldn't it be great to have an income that you could never out live? Annuities can be powerful retirement vehicles because they can accumulate value on a tax-deferred basis; they can be a source of lifetime income for retirement; or they can achieve other financial goals.

There are different types of annuities. Fixed annuities guarantee a fixed rate of return. Variable annuities produce a varied rate of return based on the performance of the underlying investment portfolios. Variable annuities are investment products registered with the SEC.

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