Annuities are only as safe as the insurance company that issues them. And keep in mind that fixed interest rates and some indexed annuities have contractual guarantees. Make sure your read the fine print. Variable annuities are a security which offers a general fixed interest rate account and separate sub accounts using equity and bond instruments subject to market performance, i.e. you can lose money.
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Annuities are only as safe as the insurance company that issues them. And keep in mind that fixed interest rates and some indexed annuities have contractual guarantees. Make sure your read the fine print. Variable annuities are a security which offers a general fixed interest rate account and separate sub accounts using equity and bond instruments subject to market performance, i.e. you can lose money.