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Understanding Variable Annuities
Home »  Annuities » Investment Concepts » Informed Investor's Guide

 
Variable annuities are a tax-deferred investment for individuals.
  The Informed
Investor's Guide
Variable Annuities Defined
Variable annuities are a tax-deferred investment for individuals

With a variable annuity, you determine which investment options are most appropriate for you. Your money is then invested in professionally managed portfolios. Your annuity's value will vary over time, according to the performance of the investment options you choose.

Think of a variable annuity as a personal retirement strategy that can help your money grow faster today, and make it last longer when you retire. Your money has the opportunity to grow faster because you don't pay taxes on earnings until you actually withdraw them. Every dollar you earn is put to work for you.

At retirement, a variable annuity can also help your money last longer. If you choose to convert your contract to an income stream, you can receive a steady payout.



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