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In turn, you either receive a lump-sum payout or a series of payments over time.
The three basic types of annuities are fixed, variable and indexed.
A hybrid of these, Robbins has endorsedfixed index annuities.
He said this typically comes at an added cost.
Variable annuities have numerous fees, he wrote, and theyre frequently grouped with fixed index annuities often unjustly.
Ultimately, Robbins wouldnt advise you to invest in just any annuity.
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