by Larry Swedroe – MoneyWatch.com Q: I’m 43 years gold with two kids. In 2009, I opened an account for a variable annuity with an initial payment of $10,000. I’ve been putting in $500 per month. I have no idea how it really works. All I know is it will provide me a pension for [...]
Why would someone purchase an annuity? What goals would one have in order to want to purchase an annuity? How do you know if the insurance company is really a financially strong and sound company? Should you be looking at a fixed annuity? An Equity-Indexed Annuity? A Variable Annuity? A deferred annuity? An immediate annuity? [...]
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