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	<title>New answer on: What Does A Fixed Annuity Cost?</title>

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		<title>By: Jason Goldenzweig</title>

		<link>https://insurancelibrary.com/annuities/what-does-a-fixed-annuity-cost</link>

		<dc:creator>Jason Goldenzweig</dc:creator>

		<pubDate>Thu, 10 Jul 2014 20:27:44 +0000</pubDate>

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		<description><![CDATA[In short, it depends on the size of the annuity (how much you want to put it in). If you want to buy an immediate annuity, you&#039;re paying a sum of money to the insurance company in one payment and you&#039;re done - you start receiving annuity payments immediately. If you want to buy a deferred annuity, you are paying premiums to the carrier throughout a given number of periods - you start receiving annuity payments at a future point in time. The advantage being that the monies put into the annuity grow tax-deferred.

What you get out of the annuity will vary a lot as well because each carrier that offers annuities will offer different interest rates so one company may offer a large payout to you than another even though you&#039;re putting in the same amount of money either way. This is where an independent annuity broker comes in handy because they can work with you on a personal level, compare options from multiple carriers to see which will offer you the best payout, and get your annuity set up - plus, brokers do not charge fees for their services so you can only help yourself.

I hope the information is helpful - please feel free to contact me for assistance and if you have any further questions. Thanks very much.]]></description>

		

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