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    David RacichPRO
    Fountain Hills, Arizona
    A variable annuity is a security and an insurance product for investors that have a high effective tax bracket rate and have the risk tolerance for market returns, but the reality of market losses. A variable annuity can be a supplemental retirement income stream that can offer differing distribution options including lifetime annuitization. 
     
    Answered on July 6, 2013
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