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How are pension plans funded by life insurance policies or annuities?
Wiki User
∙ 16y ago
I know that some pension plans are funded with Annuities. Basically an annuity is a retirement vehicle that you contribute to and then when you retire, that annuity is then "annuitized", meaning you start to receive payments. But it provides a safe way to invest your money, because they usually have guaranteed interest rates.
Wiki User
∙ 16y ago
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