Why Do People Buy Annuities?

1. 

   0 POINTS

   

   Contact David Racich Contact David Racich by filling out the form below

   
   Name
   

   
   Email
   

   
   Phone Number
   

   
   Message
   

   Please leave this field empty.
   

   Δ

   Contact Me

   view profile
   David RacichPRO

   Fountain Hills, Arizona

   There are several reasons why you should look at annuities. Here are a few highlighted features. The tax deferral of annuities is a high value feature if the annuity owner is in a high tax bracket. The fixed rates of annuities, currently between 2.75% and 3.00% (rate change frequently) generally credit more than money markets or bank certificates of deposit. Lifetime annuitization can generate income for the life of the annuitant, no matter how long they live. And your tax free basis is amortized in the payout.
    

   Answered on June 15, 2013

   +0

   1 0

   +1 this answer

   flag this answer

   view more answers by David Racich
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.