Suze Orman's Women & Money (And Everyone Smart Enough To Listen) cover image

Suze School: Understanding Annuities

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

CHAPTER

How to Choose the Right Annuities for You

qualified annuities which means you are funding them within normally a retirement account with money that you have never paid taxes on a retirement account is the type of account where everything in there is tax deferred so what sense does it make for instance for you to put money in a tax deferred account like a retirement account and purchase a variable annuity. That makes absolutely no sense if you are in a retirement account why not just buy mutual funds exchange traded funds not have any limits as to when you can take money out when you can't take it out, he says. "I think this should have given you a good education on how annuities work" He concludes by saying I don't hate all

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner