s/o Annuity...
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Anonymous
| could someone explain to me why Annuity is never a good buy? |
Anonymous
|
An immediate annuity is a purchase of a stream of payments-- it may or may not be a good idea for you.
A deferred annuity is an investment vehicle that you may be able to turn into a stream of payments in the future. It is almost always a bad idea because it will have a complicated structure that will hide high fees, and even higher charges if you try to get out of it. |