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Life insurance protects families and businesses from financial loss associated with the death of a loved one or key employee and as a financial tool for retirement planning.
Depending on your circumstances, you may be able to take the money from your existing retirement account and transfer it into a different vehicle without suffering immediate tax consequences.
Annuities are insurance contracts between you and an insurance company in which the company promises to make periodic payments to you, starting immediately or at some future time.
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