A: You want a fixed rate annuity. The return rate is stated up front as part of the investment process.
A: Your return rate depends on the performance of the stocks and bonds your money is invested in. It is important to look at the past performance of the firm you invest in when choosing a variable rate annuity.
A: You should look into deferred annuities, which will provide you with income once you retire, whenever that may be.
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