Fixed Annuity Calculator - Tax Deferred Fixed Annuity Savings--AARP

AARP BULLETIN | on Fri, Mar 24, 6:00 AM

A fixed annuity is an insurance product designed to provide long-term, tax deferred savings. A fixed annuity can provide a guaranteed minimum rate of return but may, however, have few investment options. You do not receive a tax deduction on the money you deposit, but you pay no taxes until you begin making withdrawals. There are no annual contribution limits or income limits. A fixed annuity could be a good option if you wish to increase your tax deferred savings. Fixed annuity contracts wil...

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