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Results tagged with annuity
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user 14042
An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. You buy an annuity by making either a single payment or a series of payments. The payout may come either as one lump-sum payment or as a series of payments over time.
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Undestanding the new UK Pension laws
He receives a private annuity worth £2,007 pa.
His weekly state pension has been given at £162.80. …
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