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re: Thoughts on Variable Deferred Annuity

Posted on 9/16/13 at 4:27 pm to
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/16/13 at 4:27 pm to
quote:

Yes, but at a very high cost.


That is your opinion. Some people say it is cheap for the guarantees you get. It is a personal call.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65267 posts
Posted on 9/16/13 at 4:28 pm to
While I think annuities are sold wrong and are pushed by too many bank brokers with little knowledge of expenses and what they actually get, they do have their place.
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