Fixed Annuities from Wells Fargo
Fixed annuities are a way for you to save for your retirement. Basically, it's a contract between you and an insurance company. You make one or two premium payments, and then earn a fixed rate of return. You can choose to receive that payment in one lump sum or as a series of payments throughout your life. Fixed annuities are designed for long-term investment because you'll pay fees and taxes if you withdraw the money too early.
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