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WebThere are two main types of variable annuities: those used for asset accumulation and those focused on providing a source of guaranteed income in retirement. And depending on your financial goals, it’s possible to structure an annuity that can do both. Both types can provide tax-deferred growth on your premiums and earnings. Web13. apr 2024 · A single premium immediate annuity (SPIA) is an insurance product that provides guaranteed income payments in exchange for a lump sum payment upfront. ... shop nbc coupon codes
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