Reported 8 days ago
Variable annuities are complex financial products designed to provide retirement income, with their value linked to underlying investments like stocks and bonds. While they offer potential growth and taxable deferred earnings, they come with high fees, market risks, and complex structures that may not suit all investors. It's crucial to thoroughly assess your financial strategy, comprehend associated costs, and consult with a financial advisor before purchasing a variable annuity.
Source: YAHOO