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	<title>New answer on: What Are Lifetime Annuities?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/annuities/what-are-lifetime-annuities</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sat, 14 Sep 2013 06:07:13 +0000</pubDate>

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		<description><![CDATA[Lifetime annuities are annuities that pay the annuitants monthly payments for the rest of their lives. The annuity can be an immediate annuity, where a lump sum is used to purchase the annuity, and payments begin right away. Or they can be deferred annuities, where money is put into the annuity over a number of years before the annuity is annuitized. The annuity can be fixed, with guaranteed fixed payments. Or it can be variable, which may generate higher or lower payments than a fixed annuity.

When the annuitant dies, the payments of a lifetime annuity end. If the annuity holder lives longer than expected, they can do very well with a lifetime annuity. If they live a shorter than expected, that is not favorable to the annuity holder. However, some contracts allow payment of an amount equal to the initial investment to the beneficiary.]]></description>

		

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		<title>By: Steve Savant</title>

		<link>https://insurancelibrary.com/annuities/what-are-lifetime-annuities</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Thu, 12 Sep 2013 23:24:53 +0000</pubDate>

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		<description><![CDATA[Tax deferred annuities can be be annuitized for life or immediate annuities with a life option on the annuitant. Non-qualified annuities also have a feature that allows basis to be amortized to life expectancy as part of the annuity payment until its exhausted. That feature is an additional benefit for guaranteed income you can&#039;t outlive.]]></description>

		

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