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[quote=Anonymous][quote=Anonymous]Annuities are scams. No you will not get those payouts the fees will eat it all and beneficiaries never see a penny. [/quote] OP. Can you clarify please? The document clearly says I will get $1,487/month (assuming I'm 67 on Dec 31, 2022), which works out to 7.3% payout. Are you saying they will deduct fees from that amount? I've never done an annuity so would like to know what I need to watch out for. Thanks![/quote]
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