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Understanding The Different Types of Annuities
- [00:00] Understanding The Different Types of Annuities - [01:12] There are approximately nine different types of annuities, but this episode will focus on the five most common ones. - [04:08] The Single Premium Immediate Annuity (SPIA) provides immediate income by sending a lump sum to the insurance company. - [06:21] The Multi-Year ...
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