Should I purchase an Immediate Annuity?

Posted by | · · · | financial planning · investing

What is an Immediate Annuity? A single premium immediate annuity (SPIA) is a contract you enter into with an insurance company that requires you to pay the insurance company an upfront lump sum or one-time payment. In return, the insurance company will provide you with consistent payments for a certain period of time – usually […]

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