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Tag: Types of Annuity

Annuity meaning and its types

What is an Annuity? In simple words Annuity  means the amount of pension received/ receivable from a pension plan. Annuity is a monthly/quarterly/half yearly/ Annual payout received from a pension plan. This payout is paid by the insurance company to the policyholder after maturity of a pension plan. In a Annuity plan, the policy holder pays […]

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