What are the advantages of annuities?
Author: Ammon Yorke
Website: http://www.AnnuityYes.com
Added: Sat, Jun 24, 2006 8:47:41
Category: Annuity Questions
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There are three principal advantages to an annuity:
1. Tax-deferred accumulation. This allows you to set aside the funds that you pay into the annuity for as long as you want, without worrying about exceeding federal tax limits.
2. Flexibility. An annuity can offer you a variable or a fixed return, unencumbered by federal tax limitations.
3. Security. An annuity offers a fixed-income payout option which would grant an income that cannot be outlived.
See also: Annuities | Tax About the Author:
Ammon Yorke answers frequently asked annuity questions at PrettyGreatAnswers.com.
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