What Are Annuities Good For?

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   David RacichPRO

   Fountain Hills, Arizona

   Annuities have several crediting method options and differing periods of both accumulation and distributions. But the key component to annuities is the tax deferral of gains until their constructive receipt. Even as something as simple as an interest rate crediting has beaten bank CDs for almost 30 years.
     

   Answered on May 26, 2013

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