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Explain the fundamental purpose of an annuity Describe the basic characteristics of the following types of annuities: Immediate annuity Deferred annuity Joint life annuity Variable
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Explain the fundamental purpose of an annuity
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Describe the basic characteristics of the following types of annuities:
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Immediate annuity
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Deferred annuity
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Joint life annuity
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Variable annuity
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Fixed-indexed annuity
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Longevity annuity
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Qualified longevity annuity contract (QLAC)
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Multi-year guaranteed annuity (MYGA)
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