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Avail Of Annuity Loans In Financial Difficulties

Avail Of Annuity Loans In Financial Difficulties

Submitted by • October 10, 2013 xgbook.com

Annuities are contracts issued by insurance companies that enable the individual to purchase the right to have their money paid back in the future, plus interest. Moreover, individuals can designate their earnings from their annuity into a tax-deferred account so that the funds can grow tax-free to a higher amount than they would if they had been taxed first.

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