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What's an annuity?
An annuity is a guaranteed income plan you purchase with pre-tax money such as DCP. The money you receive from your annuity is in addition to the money that you receive from your pension.
With annuities, you take money out of market risk and use it to give yourself a monthly lifetime income. Annuities are the only investment withdrawal option that guarantee you will not outlive your account balance.
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