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Community: Investing Wiki

Term Of The Hour

annuity lump sum: Original post by Leslie McClintock of Demand Media If you have a variable annuity that has lost a significant percentage of its value compared to the total premium you have invested in it, it may be tempting to cash in that annuity and start fresh. Before you do so, be sure you understand the possible consequences of cashing in, or surrendering, an annuity contract.

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