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	<title>New answer on: How Long Have Annuities Been Around For?</title>

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		<title>By: J Paul Wilson CFP CLU</title>

		<link>https://insurancelibrary.com/annuities/how-long-have-annuities-been-around-for</link>

		<dc:creator>J Paul Wilson CFP CLU</dc:creator>

		<pubDate>Mon, 07 Jul 2014 22:16:44 +0000</pubDate>

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		<description><![CDATA[The concept of paying an income in exchange for or instead of a lump sum can be traced back to Roman times.

The current versions have only been around since the mid 1900&#039;s and offer many options. 

If you have any further questions, or if you feel I could be of asssitance, please do not hesiate to contact me.]]></description>

		

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/annuities/how-long-have-annuities-been-around-for</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Mon, 27 May 2013 14:16:21 +0000</pubDate>

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		<description><![CDATA[Shockingly, a type of annuity was discovered in Egypt in 1700 BC. In 562 BC there is a passage in the Bible referring to a form of annuity. By the second century Roman soldiers were given a life annuity for service to the empire. For the next millennium, churches and monasteries used life annuities. In 1693, Sir Edmund Halley, created the first mortality tables based on age for life annuities, the basic acturial science we use today. Nothing’s new under the sun.&#160;

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