How Do Interest Earnings Accumulate in a Deferred Annuity?
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A deferred annuity is a long-term investment that grows tax-deferred and provides income in retirement. Interest earnings accumulate without immediate taxes, allowing savings to grow. Taxes are paid when withdrawals begin, often at a lower rate after retirement. A financial advisor can help determine how a deferred annuity fits into your retirement plan and recommend […] The post How Do Interest Earnings Accumulate in a Deferred Annuity? appeared first on SmartReads by SmartAsset.
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