Annuity Payout Calculator
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Understanding Annuity Payments
What is an Annuity?
An annuity is a financial product that provides regular payments over a specified period. It's commonly used for retirement planning and guaranteed income streams.
Types of Annuities
- Fixed Annuities: Guaranteed payment amount
- Variable Annuities: Payments vary based on investment performance
- Immediate Annuities: Payments start right away
- Deferred Annuities: Payments start at a future date