Why Buy Fixed Annuities?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Tax deferred guaranteed fixed interest rate annuities have a history of crediting more interest  than bank CDs and, as the name implies, annuities accumulate tax deferred unlike bank CDs. So the rate and deferral can make an impact, especially on high tax bracket individual who are conservative savers over 5 to 10 years.

   Answered on August 8, 2013

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