This week I thought to share with you an article that references the important role Annuities play in retirement planning by helping individuals guard against outliving their assets. “In the most general sense, an annuity is an agreement for an entity (generally a life insurance company) to pay another entity a series of payments”, and a Government Accountability Office (GAO) report highlights the role annuities can play in helping people secure enough income during retirement. Let us know if you have any questions. We’re always here to help.
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This commentary was created by a third-party for the Agent’s use. NTM 08-27.