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- A long-term investment contract that allows your money to grow tax-deferred until withdrawal
- Your money is invested in stock and bond funds that match your specific investment objectives and risk tolerance
- Over the long term, the return on variable annuities reflects the growth and performance of the overall economy, serving as an excellent hedge against inflation
- Term and method of payout is determined by you
- An effective way to bridge the gap between your anticipated cost of living and the amount you expect to receive from pensions, investments, Social Security and other sources
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