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Annuities

Ned and Dot Armstrong set up an annuity which pays them a quarterly dividend. At the end of the contract, they will have earned all their money back and established a gift for athletics at L-R.

Ned '41 & Dot '49 Armstrong

Advantages
  • A fixed payment provides you income for life
  • You specify how your contribution will be used
  • You receive a tax deduction
  • A deferred-payment annuity serves as a retirement plan supplement.
 
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