Wednesday, October 12, 2005

 

Low-cost annuities attractive for younger investors

The rap against variable annuities is that steep surrender charges can lock you into a bad contract and that high annual expenses erode your return.

For the most part, I find this criticism valid. But little-known, low-cost annuities offer a viable alternative, particularly for do-it-yourself investors.

Low-cost annuities attractive for younger investors
Source: South Florida Sun-Sentinel

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