Variable Annuities

Variable Annuities for retirement

Are Variable Annuities a Good Idea for Retirement

May 15, 2011

BusinessDay

Today this article is discussing different types of annuities, including variable annuities. Your state of health will determine the appropriate annuity you deserve Like the saying goes “no two head wears the same cap,” there are different types of annuities which serve individual purposes based on the difference in health status and how long such a person can live. For instance, if someone’s heath is threatened

 

8 Myths About Variable Annuities | eHow.com A variable annuity is a type of investment contract that insurance companies sell as a way to save for retirement, such as:

  • Annuities Go Well in Retirement Accounts
  • Variable Annuities Are a Good Place to Save After Maxing Out Retirement Accounts
  • Variable Annuity Payments Are Guaranteed
  • Variable Annuities Help You Transfer Wealth
  • Variable Annuities Are a Cost-Effective Way to Save for Retirement
  • Variable Annuities Are Simple to Understand
  • You Always Have Access to Your Variable Annuity Money
  • Variable Annuities Automatically Provide Inflation Protection

For an explanation about these myths look here….. www.ehow.com/info_8410048_8-myths-variable-annuities.html

 

Variable annuities are tax-deferred retirement savings products offered by insurance companies — but they often come with high fees.

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