What Companies Buy Annuities?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Assuming this question is addressing literally means companies purchasing annuities, there are a couple of talking points here. If a company owes an annuity, i.e. an artificial entity, they may be purchasing it for the interest rate, which is generally higher than bank CDs or possibly for their retirement accounts.

   Answered on July 31, 2013

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