What Is Wrong With Variable Annuities?

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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
    Product suitability is an important item to establish when considering a product purchase. One helpful tool is creating a personal financial profile with a risk assessment and financial timelines. When considering annuities, you should known your tax bracket to calculate the power of deferral to see if it has value for you. And like all products, annuities have policy expenses. Make sure you know the price tag for the annuity you purchase.
    Answered on September 13, 2013
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