Why Should I Invest In Annuities?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    Annuities are a safe way to save money and receive a competitive interest rate without the risk of the stock market.  They are generally taxed defered until the proceeds are withdrawn. They are the only retirement vehicle that can guarantee an income for life.  They avoid probate and they can also be protected from creditors in many cases.
    Answered on June 15, 2013
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    David RacichPRO
    Fountain Hills, Arizona
    There are several talking points on annuities that should be considered. 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.  
     
    Answered on June 15, 2013
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