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Community: Investing Wiki

Term Of The Hour

fixed annuity payments: Original post by C. Taylor of Demand Media Placing money into an annuity allows you to receive fixed payments for a set period of time after retirement. The payment amount is determined by the annuity duration and the interest rate, which allows the cash balance to grow during that time. After the final payment is made, the cash in your annuity account will be completely exhausted, leaving you…

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