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Level 1
posted Feb 27, 2025 12:54:19 PM

Are annuity contributions just returns generated by the annuity?

0 2 544
2 Replies
Expert Alumni
Feb 27, 2025 1:03:32 PM

No, an annuity contribution is an amount paid in to an insurance company that then invests the funds so that in retirement you will have a steady stream of distributions available to you.

Level 1
Feb 27, 2025 1:12:07 PM

Thanks, that's what I was hoping for.