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    David RacichPRO
    Fountain Hills, Arizona
    It depends upon your age, time to retirement, tolerance for risk and your ordinary income tax bracket. Some conservative savers life a locked interest rate of a fixed interest rate and like the fact that you pay taxes only when you use it, unlike CD interest that is taxed whether you use it or not. Some seniors like the guaranteed income they can’t outlive with lifetime immediate annuities. Some midlife savers like indexed annuities while midlife investors like variable annuities. It depends on many factors to arrive at a right annuity purchase.
     
    Answered on May 25, 2013
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