what is an annuity
can someone here please explain to me what an annuity is. im 22years old so that might explain why i dont know what exactly it is. the reason i ask is that i got a union job about 5-6 months again, and i always hear everyone talking about it. i dont want to ask them because i dont want to look like a dumb ass. i think i may have a very basic idea of what it is. i was just hoping that someone hear could could tell me what exactly it is and how it works. thanks for any help.
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