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	<title>New answer on: How Do Fixed Income Annuities Work?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/annuities/how-do-fixed-income-annuities-work</link>

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

		<pubDate>Wed, 20 Aug 2014 18:41:44 +0000</pubDate>

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		<description><![CDATA[A fixed income annuity is a contact with a life insurance company.  In exchange for a sum of money the company promises to pay a monthly income to you for the balance of your life.  The first major variation of this contract is a deferred fixed income annuity.  The difference is that the sum of money is not applied immediately but deferred until a later date.  There are many other variations of an annuity to include payments that are guaranteed for a specified period of time or payments that last through the lifetime of two people. ]]></description>

		

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