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An annuity, with one exception, i 1/11
purchased for life.
It is for this reason that it is
important to ensuqe it is correct from
the start, as once it is set up it
cannot be changed.
It is important to seek advice.
There are two broad types of annuity:
1/The Open Market Option (OMO).
2/Purchased Life Annuity (PLA)
CPAs: Male 262 CPAs: Female 263
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