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	<title>New answer on: How To Learn Annuities?</title>

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		<title>By: David Pipes</title>

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		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 16 Jun 2014 15:01:05 +0000</pubDate>

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		<description><![CDATA[An annuity is a promise to provide a lifetime of payments (usually monthly) in exchange for a single deposit.  The actuary determines from life expectancy tables the estimated payout and after adjusting for interest the premium is set.  This is a single premium immediate annuity.  There are a variety of modifications of this basic concept and they involve the accumulation period.  If instead of a single payment, you want to make a series of payments these different plans offer different approaches.  An annuity has the advantage of accumulating money with the income tax on the earnings being deferred.   ]]></description>

		

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