Question

Which type of annuity typically utilizes mutual funds?

Answer 1

 A variable annuity typically utilizes mutual funds. An annuitypays income on a regular basis, usually monthly, to the holders. However, a variable annuity can return higher or lower amounts of payments depending on the performance of the investment.

Answer 2

A variable annuity typically utilizes mutual funds. An annuity pays income on a regular basis, usually monthly, to the holders.

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