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Annuities are used for a variety of reasons. Which of the following statements is correct regarding annuities? Most annuities are annuitized. Annuities are an alternative

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Annuities are used for a variety of reasons. Which of the following statements is correct regarding annuities? Most annuities are annuitized. Annuities are an alternative way to achieve tax deferred growth for most people if they don't contribute to an IRA or qualified plan There is no age related penalty for withdrawals from an annuity Withdrawals from a non-qualified annuity is a FIFO method

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