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Annuities for Retirees: What to Consider Before You Invest
Investments called annuities are similar to traditional Individual Retirement Accounts and employer-sponsored 401(k) plans in that your money can grow tax-deferred until you withdraw it from your account. However, annuities are complex products and are not appropriate for everyone near or in retirement. Here's an overview, including things to consider and questions to ask before you invest.
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