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Are Fixed-Indexed Annuities Protected?

Annuities are retirement saving products issued by insurance companies. They are designed to provide retirees with a guaranteed stream of income that they can’t outlive. Annuities provide protection against market volatility and the potential for conservative, tax-deferred growth. With many retirees citing their number one concern as outliving their money, it’s no wonder that annuities have become popular. However, …

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