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Individuals saving for retirement should consider fixed annuities because they offer many advantages over other forms of investing. Fixed annuities may be right for you if you are seeking tax-deferred growth of earnings, the stability of a guaranteed interest rate, and payout options that can guarantee you income for as long as you live. An additional benefit is that the insurance company that holds your fixed annuity guarantees both its principal and interest, providing you with an added level of stability.
To learn more about the fixed annuity offered by Sun Life Assurance Company of Canada (U.S.), use the link below.
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