Read the full article from CBS MarketWatch here.
Estimated reading time: 0 minutes, 18 seconds
Deferred Annuities Growing in Popularity
Deferred Annuities, which allow investors to receive higher income payments in exchange for delaying the start of the payments, are growing in popularity, reports CBSMarketWatch.
The article bases the conclusion on the recent success of the Guaranteed Future Income Annuity, which is offered by New York Life and has more than $1 billion in assets.
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