High-net-worth individuals are constantly seeking strategies to safeguard and grow their wealth. Annuities have emerged as a popular choice due to their stability, tax benefits, and the creditor protection they offer, among other advantages.
Annuities provide a secure investment option for more affluent people, ensuring a steady income stream even during market volatility. Let’s explore some of the significant reasons why high-net-worth Americans opt for annuities and the long-term benefits they can derive from them.
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