Tuesday, August 05, 2008

 

Municipal Bonds vs. Immediate Annuities for Income in Retirement

New York Life has analyzed the income-generating potential of many financial instruments in comparison with fixed income annuities. Municipal bonds (munis) offer relative safety, as do income annuities from highly-rated insurers. Munis also offer some tax advantages. Even considering the tax advantages, however, we believe that income annuities can be more efficient than munis in generating income.

Municipal Bonds vs. Immediate Annuities for Income in Retirement
Source: Life Insurance Selling

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