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Annuity Payment Definitions in Plain English Thumbnail

Annuity Payment Definitions in Plain English

So you are pondering retirement from your employer and they provide you with an Annuity option, Lump Sum option and some variations of both options in your pension plan. Today I just want to cover the Annuity options that many company pensions provide. I'm going to list these with plain definitions that are easy to understand in hopes that it can help you make an informed decision.

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