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An #annuity is like a privately funded pension plan. In fact, state and corporate pension plans are funded with annuities. Unfortunately many employers don't offer pensions anymore, but you can go directly to an insurance company with your own savings. Using #money from your IRA or 401k, you can rollover a lump sum into an annuity directly and establish your own pension-like income stream. If you want guaranteed #retirementincome it's hard to compete with the peace of mind annuities provide. Man
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