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The Real Truth About Annuities

Many investors and even financial advisors blindly reject annuities as an option. There’s a perception that annuities are a bad deal because they are sold by insurance agents who may receive excessive upfront commissions. Investors may be concerned about losing control over their money or not having enough liquid assets in case of emergency. Also, they may fear getting hit by a bus shortly after signing an annuity contract, in which case the insurance company gets to keep all the money. (more…) Read more