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Reply to "Should my mom buy an annuity?"
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[quote=Anonymous][quote=Anonymous]An "immediate annuity" is the only good one.[/quote] Not always true, but for a 69 yo woman, I'd be leery about any deferral period. Plus, OP, even if payouts could start after three years, there may be a penalty for taking them before year 7 or 8, for example. [/quote]
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