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Annuity Death Benefit; Inherited Annuity FAQ – Annuity Beneficiary Taxes & Payment Options Explained

As a consumer, when I see the term “death benefit” the first thing that comes to my mind is “life insurance.” The death benefit from a formal life insurance policy versus a death benefit from an Annuity Contract don’t share the same features. Therefore, it’s important for consumers to understand the key differences that sets these two apart.

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