Who Should Get Variable Annuities?

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    David RacichPRO
    Fountain Hills, Arizona
    Product suitability is based on the client’s personal profile, risk tolerance and economic goals. A variable annuity insurance product is a security and as such has the potential to lose money in the actual cash value account. Variable annuities are generally considered long term hold positions purchase ultimately for income. Non-qualified variable annuities accumulate tax deferred with distributions taxed on gain and basis free.
     
    Answered on May 29, 2013
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