Tuesday, May 29, 2007

 

Retiring Soon? Annuities Have Appeal, Just Watch for Contracts' Hidden Traps

With the oldest U.S. baby boomers staring down retirement, the financial industry is betting sales of annuities will take off.

In response, annuity providers are rolling out new products and features aimed at enticing people who worry that they might outlive the money they have been able to save.

Retiring Soon? Annuities Have Appeal, Just Watch for Contracts' Hidden Traps
Source: Insurance News Net

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