Question: A Longevity Annuity: Has to be bought before full retirement age. Is an option under the Social Security System Is similar to an Immediate Annuity

  1. A Longevity Annuity:

    Has to be bought before full retirement age.

    Is an option under the Social Security System

    Is similar to an Immediate Annuity just involving larger sums

    Involves paying now for a lifetime income stream that begins at a later date

    Is bought through a Government agency

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