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LeoGlossary: Payout Phase (Annuities)

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How to get a Hive Account


The period during which the money accumulated in an annuity is paid out as regular income payments. You can choose to receive these payments for a specific period of time (such as five or 30 years) or for the rest of your life.

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LeoGlossary: Payout Phase (Annuities) | Ecency