What is the meaning of annuity

2 answers:

7 0

An annuity is a type of retirement income product that you buy with some or all of your pension pot. It pays a regular retirement income either for life or for a set period. Annuities – the basics. Higher income for medical conditions or unhealthy lifestyle. Your other retirement income options.

Goryan [66]2 years ago

4 0

Answer:

a fixed sum of money paid to someone each year, typically for the rest of their life.

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