Why Variable Annuities Are Good?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaA non-qualified variable annuity accumulates tax deferred with access to the market. High tax bracket individuals could benefit from the tax deferral aspects of variable annuities. A variable annuity is a security and insurance product that needs to be deemed suitable for the buyer before moving forward with the purchase. Once you've determined your risk tolerance and product suitability you can rank variable annuities by expense loads and policy provisions that best fit your financial goals. You could lose money in variable annuities. Variable annuities have differing embedded policy provisions and additional riders, usually, for an addition price. Expense loads may dictate the value of the variable annuity as does the portfolio of separate sub accounts. Variable annuities have performance records and risk assessments published through Morning Star.Answered on June 28, 2013+01+1 this answer
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