Suze School: Understanding Variable Annuities
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
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Understanding the Complexities of Variable Annuities
Exploring the drawbacks of variable annuities compared to immediate annuities, including high fees, growth taxation, and the necessity of annuitant passing away for full returns. Historical context of annuities as retirement account alternatives and benefits of single premium fixed annuities as compounding interest vehicles discussed in-depth. Financial advisors' sometimes inappropriate use of annuities also touched upon.
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