Annuity Types

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August 31, 2024 3 min read Definitions
Immediate Annuity: Annuity with Rapid Payouts
Finance Investments Retirement Planning Immediate Annuity Annuity Types Retirement Income Lump-Sum Payment Income Stream
An Immediate Annuity begins making periodic payments almost immediately after a lump-sum payment is made. This type of annuity is often used by retirees seeking a steady income stream.
Read more about Immediate Annuity: Annuity with Rapid Payouts.

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