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WebbUnder certain circumstances, an annuity can be an appropriate investment -- it offers tax-deferred growth of earnings and provides a regular income stream once the periodic payments begin. Annuities also typically provide for the payment of a death benefit that will pay your beneficiary a guaranteed minimum amount upon your death. WebbWhen you retire, some or all of your pension fund can be used to purchase a lifetime retirement pension which is also called an annuity. The purpose of this pension … pakistani wedding styles facebook
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