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The purpose of this assignment is to continue expanding your financial plan. Now that you have created the basics in the previous assignment...lets proceed to investments!
-List and explain three different types of annuity. Which type would you purchase as an investment option and why?
-Conduct research online and list a company that provides the option to purchase your preferred annuity. Provide the link of the company and product.
-Indicate and explain what payment options are available for your selected annuity?
-Is this a deferred or immediate annuity? Explain in 2 - 3 characteristics of the type of annuity.
-Explain the four non forfeiture provisions and indicate which applies to your selected annuity.
-Who mandates annuities?
-In three to five sentences, indicate your reasoning for purchasing an annuity?
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