To determine whether an annuity is best for you, you need to establish a personal financial profile that includes a risk tolerance assessment and your life expectancy. Annuities have three basic crediting methodologies: fixed interest rate crediting, indice crediting and separate sub account crediting or debiting. The second item to determine is your effective tax rate. Once you have established these two parameters, financial profile and tax bracket you can review the top ranked annuities that are suitable for you.
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To determine whether an annuity is best for you, you need to establish a personal financial profile that includes a risk tolerance assessment and your life expectancy. Annuities have three basic crediting methodologies: fixed interest rate crediting, indice crediting and separate sub account crediting or debiting. The second item to determine is your effective tax rate. Once you have established these two parameters, financial profile and tax bracket you can review the top ranked annuities that are suitable for you.