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Politics : PRESIDENT GEORGE W. BUSH
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To: steve dietrich who wrote (671635)2/8/2005 11:47:58 AM
From: Sedohr Nod  Read Replies (2) of 769670
 
Most annuity contracts have options that allow for guaranteed payouts for stated terms, 10-15-20 years...This keeps the contract holder from being victimized by early death as in the SS program.

In my broker days, any annuity contract I sold came with the advice of never take the payments, enjoy the tax advantages and take the lump sum payment option at the appropriate time.
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