A 5 to 6 percent annual return is typical in a good market. Some products increase payouts if your investments increase. You can withdraw your account balance at any time, but many annuities impose a surrender charge if you cash out within the first six to seven years of the annuity. There's also typically a death benefit feature to help your heirs pay future estate taxes.The SEC has tips for researching variable annuities.
3 Insurance Policies That Could Help Pay For Retirement
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