Wednesday, 20 March 2019
BREAKING NEWS

If You’re Considering an Annuity, Start by Understanding What You Get – The Wall Street Journal

An annuity is a risk-management tool designed by insurance companies to hedge against the chance that you’ll outlive your retirement savings.
An annuity is a risk-management tool designed by insurance companies to hedge against the chance that you’ll outlive your retirement savings. Photo: iStock

You’ve probably seen the commercials advertising annuities, but as common as the ads are, details about exactly what you get from buying one are scarce.

So what can purchasing an annuity actually do for you?

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