Who Should Invest In Annuities?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    Annuities are good safe money investments.  You can get a fair gain on your money without the risks of the market.  Annuities are tax defered or can be set up as IRA qualified plans and become deductible from taxes within government guidelines.  They are protected from creditors, avoid probate, can be set up to pay for long term care, and can guarantee a lifetime income.  Everyone should have at least some money in a good annuity to help provide a good safe cushion for retirement.  Like building a house, you need a good foundation.  Then you can start building your riskier investment portfolio if you choose.
    Answered on May 28, 2013
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