When buying an annuity contract with a company, it is the most important to _____.

An annuity is a long-term promise to make payments, so you depend on the company being able to meet those obligations. That makes understanding the company’s solvency—its ability to pay its debts and benefits—the most important consideration. Contract details and whether the annuity suits your needs also matter, but they do not replace the need for a financially sound company.

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