Tuesday, May 19, 2009
Variable Annuities With Guarantees Lose Appeal
Variable annuities with guaranteed payouts used to be attractive to retirees in their fifties and sixties who needed to start taking withdrawals right away but also wanted to benefit from long-term stock-market growth with some downside protection (see Savings Guarantees You Can Trust for more information). But many insurers cut back on these guarantees and increased their fees when they introduced new contracts May 1...
Kiplinger: Variable Annuities With Guarantees Lose Appeal
Kiplinger: Variable Annuities With Guarantees Lose Appeal
Permalink posted by markw @ 4:46 AM 
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