What You Need to Know About Immediate Annuities

    by Peter Katt

    My July 2006 column went over annuities from soup-to-nuts, with two short paragraphs devoted to immediate (or income) annuities.

    This column takes over where that two-paragraph effort left off, and also comments on a point-counterpoint about guaranteed living benefit variable annuities, also mentioned in my prior column, that stirred some controversy.

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