Wall Street Journal reporters Leslie Scism and Liam Pleven recently highlighted the modifications made by insurers to variable annuity benefits. These annuities have been very popular with baby boomers looking for a safer retirement plan with tax benefits and a minimum return. However, the current …
The incoming Obama administration will likely increase taxes on individuals in higher tax brackets. Gail Liberman from the Palm Beach Daily News suggests that annuities are a very good option for these investors in the current economic climate. Tax-deferred fixed annuities and variable annuities are …
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