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Comprehensive Review Of The Downsides Of Index Annuities

Monday, January 17, 2011 - 7:31 PM
This CNNMoney.com article covers many of the details of index annuities and explains why they're not a good deal. The article mentioned that a better alternative is putting 85% of the money into bank CDs and 15% into a low-cost S&P 500 index fund. And when you're ready to receive income, use an immediate annuity.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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