Question:

What percent of annuities are backed by reserves?

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What percent of annuities are backed by reserves?

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2 ANSWERS


  1. It depends on the annuity company.  Also, reserves can be a relative term.  The monies invested in an annuity are invested elsewhere for them to make money so that during the payout phase they can have the cash available to pay out.


  2. Big Woof is right

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