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"Annuity...let me make it easy."

All I have to do is mention "annuity" and most people's eyes glaze over before I can get two sentences out. So here's just one.
Annuities may be a smart addition to your retirement plan.


Still hanging in there? Great! There are two main reasons people buy annuities. One is to save more for retirement. Another is to turn savings into income during retirement. So there are two main types of annuities, depending on whether you need retirement income now or later.

Still working and want to invest more? Choose a deferred annuity, which literally defers or delays your income payments until later.

Ready to retire? Consider using a chunk of your retirement savings to buy an immediate annuity, which may start sending you income right away.


IRAs
Annuities
Deferred
Immediate
Fixed vs. Variable
Pros vs. Cons
Payouts
Their Cost
Who Offers


© 2008 ING North America Insurance Corporation. All rights reserved.
Advisory services provided through ING Financial Advisers, LLC (member SIPC).
This information is not intended to be tax or legal advice. ING does not offer tax or legal advice. Consult your own legal or tax advisor regarding your specific situation.
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