Answered

IDNLearn.com: Where questions are met with accurate and insightful answers. Get thorough and trustworthy answers to your queries from our extensive network of knowledgeable professionals.

If you have fully funded your 401(k) and profit-sharing plans up to the allowable limits, then you may want to put away more money for retirement is a(n)

Sagot :

Jepessoaidn

Answer:

annuity

Explanation:

Retirement annuities are helpful because they can guarantee a steady income during your retirement years. They can be either fixed retirement annuities (they provide a fix amount of money until you die) or variable annuities where the amount of money depends on how well your investments perform.

Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.