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What is Understanding Variable Annuities Basics about?

- Variable annuities allow investors to allocate purchase payments to various investment options, typically mutual funds, during the accumulation phase. The value of the investment varies based on the performance of the chosen options. - During the payout phase, investors can receive payments as a lump sum or regular periodic payments over a set period or lifetime. Payments can be fixed or variable depending on investment performance. - Variable annuities offer death benefits that guarantee beneficiaries

Author

Alex Song

Language

EN