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  1. A variable annuity is a type of annuity that can rise or fall in value based on the performance of its underlying investment portfolio.
    www.investopedia.com/terms/v/variableannuity.asp
    A variable annuity is a contract between you and an insurance company that’s used as an investment tool in order to generate a stream of income in the future. When you fund your annuity, your money is tied to the performance of underlying subaccounts.
    www.policygenius.com/annuities/variable-annuities/
    A variable annuity is a financial contract between you and an insurance company. The money used to establish the contract can be invested in a variety of ways and is allowed to grow on a tax-deferred basis. This provides the potential to significantly increase future payments. However, poor investment performance can reduce future payouts.
    www.annuity.org/annuities/types/variable/
    A variable annuity is a tax-deferred insurance contract designed for retirement income. The value of a variable annuity fluctuates based on the performance of investment options tied to the market, called subaccounts. Subaccounts often consist of stocks, bonds and money market funds.
    www.thrivent.com/insights/annuities/what-is-a-varia…
    A variable annuity is a contract between you and an insurance company. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments.
    www.investor.gov/introduction-investing/investing-b…
     
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