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Annuities Becoming More Popular

Annuity sales grew by leaps and bounds during the third quarter of 2013, reports insurance research firm LIMRA. Total fixed annuity sales were up 31 percent over 2012’s third-quarter levels. In third quarter 2013, indexed annuities were up by 15 percent over 2012, a $1 billion increase from second quarter. [February 2014, 623 word article]

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