Why Are Annuities Bad Investments?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaTax deferred annuities can be a suitable product for long term savers and investors who are in a high federal and state tax bracket. It varies in the crediting methods to allow flexibility for conservative savers with guaranteed interest rates, moderate investors with indexing and separate accounts that use equity and bond investments.Answered on August 4, 2013flag this answer
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