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by easy10
Thu Nov 21, 2019 7:44 pm
Forum: Off-Topic
Topic: New IRA
Replies: 8
Views: 5155

Re: New IRA

Major banks offer variable annuities with caps on losses (10%, 20%, ...). Like insurance, the more protection the less return, The market is up 25% this year but an annuity also has caps on the gains. Not in one, in the market, so not sure what they would have paid this year.

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