What Is A Disadvantage Of Annuities?

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    David RacichPRO
    Fountain Hills, Arizona
    There are several considerations when purchasing an annuity, some of which could be construed as negative characteristics: fees, surrender charges, commissions. But many savings vehicles and investments have similar items that some deem as draw backs as a good financial product. Are the advantages worth the draw backs? Each annuity product must be assessed on its our virtues. 
     
     
    Answered on May 23, 2013
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