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So, What is an Annuity?
An insurance-based contract that provides future payments at regular intervals in exchange for current premiums. Annuity contracts are usually purchased from banks, brokerage firms, individual producers or insurance companies. Don’t run off looking for a hole to put your head in the sand. This is not that hard! What this really means is… Insurance companies take [...]
Who Thought up Annuity Investment Anyway?
Annuities have been around a long time, in fact, since Roman times. Romans made a one-time payment to the “annua” and then received a yearly payment back for the rest of their lives. In the 17th century annuities were being used by governments to pay for their hundreds of years wars with their neighboring countries. [...]
