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Annuities: They May Be a Better Option than You Think

November 29, 2018

From the Kiplinger website

Mention the word “annuity” to an investor, and you’re likely to receive mixed reactions. The concept is often misunderstood, leaving the everyday investor who is planning for retirement concerned that their money will end up tied up and inaccessible — and subject to market losses. But this isn’t an accurate characterization.

The following is a summary of the basics. The range of annuity products is broad, running the gamut from very simple to deeply complex. Like all the investment options we have, they have their pros and cons — or as I like to say, every rose has its thorns. Here are the basics:

From → Finance

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