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Annuities are contracts between you and an insurance company that can provide a unique combination of insurance and investment features. Annuities complement other retirement plans and, depending รขโฌยฆ Deferred variable annuities are long-term vehicles designed for retirement purposes and contain underlying investment portfolios that are subject to investment risk, including possible loss of principal.
The annuity transfers your risk of outliving your รขโฌยฆ