Financial Planning: Annuities : What Is a Variable Annuity?
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A variable annuity is a tax deferred savings vehicle. For a period of time, your money can grow and you can withdraw it as you want (the accumulation phase); you money is given to you at fixed intervals during the payout phase which you cannot alter. The amount paid during the payout phase can be fixed or variable.
andersenvw 5 months ago
SIPC...check it out...its in the black and has a $500k guarnatee agianst fraud...
cweth5594 2 years ago