



Understanding the terms and conditions of your annuity contract is crucial
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what is an immediate annuity Informational
- How do mortality tables and actuarial science play a role in annuity pricing
- Immediate annuities essentially convert a lump sum into a stream of future income payments based on time value of money principles
- The focus of an immediate annuity is typically on generating income rather than principal appreciation
- Healthcare costs are a significant and often unpredictable expense in retirement
- What are the risks and rewards of a variable immediate annuity
- Can you purchase an immediate annuity through a financial advisor
- How is an immediate annuity funded
- Unlike a standard immediate annuity, payments from a QLAC can be delayed until later in retirement, up to a certain age
- Not considering your life expectancy and choosing an inappropriate payout option
- What are state insurance departments and how can they assist consumers with annuity-related issues
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