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What is a lifetime annuity?
Author: Ammon Yorke
Website: http://www.AnnuityYes.com
Added: Sat, Jun 24, 2006 8:47:41
Category: Annuity Questions
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A lifetime annuity is a type of immediate annuity where, upon investing, you automatically receive guaranteed income payments for the rest of your life. The income you receive from a lifetime annuity depends on the amount of money you invest and the interest rate at the time you make the investment.
See also: Annuities | Annuity | Investing About the Author:
Ammon Yorke answers frequently asked annuity questions at PrettyGreatAnswers.com.
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