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4 Annuity Mistakes To Avoid

Thursday, June 13, 2013 - 7:23 AM
From Kiplingers:
Variable annuities have become a huge business, holding more than $1.6 trillion in assets. Many of these annuities include guaranteed lifetime withdrawal benefits, which promise you'll receive a minimum amount of income each year for life, no matter what happens to your original investment.

... But if you make a wrong move when you withdraw the money, you could forfeit the guarantees. Here's how to avoid variable annuity mistakes.

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pearlbrownpearlbrown1,356 posts since
Nov 2, 2010
Rep Points: 5,955
1. Sunday, June 23, 2013 - 9:32 AM
It looks like this Kiplinger author found 3 more mistakes to avoid:

7 Annuity Mistakes to Avoid

 

 

 
2
Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
Rep Points: 123,675
2. Sunday, June 23, 2013 - 10:18 AM
Wow, how many ways can one mess up with annuities anyway?  =)
3
pearlbrownpearlbrown1,356 posts since
Nov 2, 2010
Rep Points: 5,955
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