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Types of Annuities Part 2: Fixed Annuity

A fixed annuity is the simplest annuity for consumers to understand. You simply receive a rate of return determined ahead of time. Many present the fixed annuity as a CD alternative.  It is in the guaranteed principle category of investments, and is one of the safest investments for consumers available today. There are two basic types of fixed annuities: Traditional Fixed. In the ...
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