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What is ING variable annuity for?

Updated: 9/20/2023
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12y ago

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ING variable annuities are long-term investments typically used for planning for retirement. The insurance company pays the insured but the value of the fund fluctuates with the market and isn't guaranteed.

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Q: What is ING variable annuity for?
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The interest rate on an ING variable annuity account as obtained via their official company website is anywhere from the 2.5 percent to 3.5 percent range.


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