|
| First of all, annuities are tax deffered. There is an IRS penalty for withdrawls like an IRA prior to age 59 1/2. The performance is linked to many different indexes to choose from. The most prevalent being the S&P 500. One I really like credits 52% of the indexes gains to your account. And none of the losses. Their are some unique index choices also, such as Gold, REIT's, even one that is tied to the S&P going down, basically shorting the idex. Can also add lifetime income riders, and long term care riders. Most offer up to 10 percent penalty free annual withdrawals. | |
|
delete
