Sentences with phrase «than a level annuity»
Although payments from an indexed annuity starts out lower than a level annuity, it provides for an annual increase.
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If you waited until you were age 68 to purchase an annuity, you would need to invest more than $ 176,0007 for the same level of income.
The combination of a retiree's pension benefit payments and Social Security benefits produces a more level combined income stream than a typical annuity does.