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Your guide to a secure financial future
When it comes to planning for a secure financial future, annuity products can play a significant role. Let’s explore the safety aspects of annuities in a simple and friendly manner. Understanding the safety features of annuities can help you make informed decisions about your financial well-being.
What are Annuities? An annuity is a financial product designed to provide a steady stream of income over a specified period or for the rest of your life or to be a vessel holding accumulated assets. Annuities holding assets pay a minimum amount of interest, currently rates are increasing, some as high as 5-6%.
It serves as a valuable tool for...