Can An Equity Indexed Annuity Be Immediate?

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   David G. Pipes, CLU®, RICP®

   Business Development Officer, T.D. McNeil Insurance Services, Fresno, California

   I believe that you can purchase a variable immediate annuity.  The monthly benefit will not be guaranteed but will vary along with the performance of the underlying investment options.  This would be ideal for an optimist who considers the stock market to be the way to the future.

   Answered on August 27, 2014

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