Do Annuities Make Money?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Tax deferred annuities have three crediting methods:interest rate crediting, indexed crediting and separate sub account crediting. Historical returns are no guarantee of future performance, but each crediting method over long periods of time has made money. Keep in mind that indexed annuities may credited zero and variable annuities separate sub accounts can lose money like any security product.

   Answered on August 9, 2013

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