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  2. Protective Life - Wikipedia

    en.wikipedia.org/wiki/Protective_Life

    Website. www.protective.com. Protective Life Corporation is a financial service holding company in Birmingham, Alabama. [2] The company's primary subsidiary, Protective Life Insurance Company, was established in 1907 and now markets its products and services in all 50 states. As of December 31, 2023, the corporation has more than 3,800 ...

  3. What Are Annuities and How Do They Work? - AOL

    www.aol.com/ultimate-guide-annuities-2023...

    An annuity is a financial product that pays out a fixed amount of money, usually in a series of payments. Annuities are popular -- sales of annuities increased by 22% in 2022 as compared to 2021...

  4. Retirement annuities: Pros and cons of annuity investing - AOL

    www.aol.com/finance/retirement-annuities-pros...

    3. Tax-deferred growth. Money inside an annuity grows tax-deferred. Gains on the amount of premium invested in the contract grow with no taxes due until the money is withdrawn, assuming the ...

  5. What are pension annuities? - AOL

    www.aol.com/finance/pension-annuities-163602841.html

    Longevity risk protection: Annuity payouts can continue for your entire lifetime, eliminating the risk of outliving your retirement savings. Loss of control: If you take the monthly pension ...

  6. Annuities in the United States - Wikipedia

    en.wikipedia.org/wiki/Annuities_in_the_United_States

    In the United States, an annuity is a financial product which offers tax-deferred growth and which usually offers benefits such as an income for life. Typically these are offered as structured ( insurance) products that each state approves and regulates in which case they are designed using a mortality table and mainly guaranteed by a life insurer.

  7. How to get out of an annuity: 4 options to get your money back

    www.aol.com/finance/annuity-4-options-money-back...

    1. Pay the surrender charge. Most annuity companies allow you to cash out, or surrender, the contract for its current value, or withdraw a portion of the accumulated funds before income payments ...

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