How does a variable rate annuity differs from a fixed income?
I was advised that a fixed rate was a better option. Is that true, and why?
The differences between annuities are in a variable of your money is at financial risk in the stock market and yields are not fixed. In a fixed product to obtain a specific distribution in a given time, based on faith and credit of the insurance company. Personally, hate all insurance products, because I am a better investor. Better than the other? Depends more on you and your financial situation and risk tolerance. None of the products is guaranteed, but can work for you from a tax standpoint.
Annuity Defined Kansas City Mo Expert Advisor Dave
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