
Pension annuity calculation explained
Pension annuities require a series of fixed payments from you over a period of years so that you have a reliable income during retirement. The payment frequencies are monthly, quarterly, semi-annual and annual. As an investor, if you are contemplating the use of annuities to generate income, there are a wide variety of them available in the market, it is advised you seek the help of a finance professional before making the purchase decision or at least review the options before zeroing it down.
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