An Introduction to Annuities

An annuity contract is purchased from a life insurance company. The individual gives the insurance company a lump-sum payment or a series of payments. In return, the company will provide a stream of payments to the individual. Although an annuity is purchased from a life insurance company, it serve...

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Bibliographic Details
Main Authors: Michael S. Gutter, Lisa Leslie
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2014-07-01
Series:EDIS
Subjects:
Online Access:https://ojs.test.flvc.org/edis/article/view/131629
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