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Maximize Safety In Fixed Annuities

Wednesday, June 19, 2013 - 6:39 AM
Fixed annuities are CD-like investments issued by insurance companies. If you're going to investment in fixed annuities, you should make sure your money is fully insured. There's no FDIC or federal insurance for annuities, but there is state insurance coverage. It's not as good as FDIC insurance, but it still makes sense to stay under the state coverage limits. This My Money Blog post has a good overview about how to structure your annuities to maximize your coverage.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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