Wednesday, August 30, 2006
Fees Can Outweigh The Benefits of Annuities
Variable annuities are hybrid insurance and investment products that allow investors to put money in mutual funds within the wrapping of an insurance contract. They generally offer the option of a lifetime stream of payments after some initial period, plus a death benefit if the owner dies before the payments stop. The overall amount depends on how well the underlying mutual funds do. They are commonly used to allow investment money to grow on a tax-deferred basis – no income tax is due until withdrawals are made.
Fees Can Outweigh The Benefits of Annuities
Source: FortWayne.com
Fees Can Outweigh The Benefits of Annuities
Source: FortWayne.com
Permalink posted by armandn @ 12:33 PM 
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