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2. Annuities in the European Union - Wikipedia

   en.wikipedia.org/wiki/Annuities_in_the_European...

   A life annuity or lifetime immediate annuity is most often used to provide an income in old age (i.e., a pension).This type of annuity may be purchased from an insurance (Ireland and the UK, Life Assurance) company.

3. Self-invested personal pension - Wikipedia

   en.wikipedia.org/wiki/Self-invested_personal_pension

   Self-invested personal pension. A self-invested personal pension (SIPP) is the name given to the type of UK government -approved personal pension scheme which allows individuals to make their own investment decisions from the full range of investments approved by HM Revenue and Customs (HMRC). SIPPs are "tax wrappers", allowing tax rebates on ...

4. Income drawdown - Wikipedia

   en.wikipedia.org/wiki/Income_drawdown

   With income drawdown, a pensioner can stop, start and change income levels at any time, subject to available funds and HMRC limits or they may purchase an annuity at a later date. [22] Income drawdown carries the risks of investment values going down (and for capped drawdown GAD rates reducing through changes in life expectancy or interest rates).

5. What Are Annuities and How Do They Work? - AOL

   www.aol.com/ultimate-guide-annuities-2023...

   An annuity is a financial product that pays out a fixed amount of money, usually in a series of payments. Annuities are popular -- sales of annuities increased by 22% in 2022 as compared to 2021...

6. Retirement annuities: Pros and cons of annuity investing - AOL

   www.aol.com/finance/retirement-annuities-pros...

   An annuity is a contract issued by an insurance company that pays a stream of income for a specified period or often for the remaining life of the contract holder. Annuities are often sold by ...

7. Income annuities: What are they and how do they work? - AOL

   www.aol.com/finance/income-annuities-192155451.html

   An income annuity is a financial product designed to convert a lump sum of money into a guaranteed stream of income payments. Often purchased by retirees or those nearing retirement, it can ...