6/29/07 3:29 PM Getting the Whole Story on Variable Annuities Page 1 of 2 http://www.investopedia.com/articles/04/111704.asp Email this Article Print this Article Comments Add to del.icio.us Other RSS Readers Home Dictionary Articles Tutorials Exam Prep Ask Us Stock Simulator Stock Quotes Stock Ideas Free Tools Go Go 1. Stock Picking 2. FOREX 3.
Options Trading Chalk Talk Investing Basics Stocks Options/Futures FOREX Bonds Trading Mutual Funds Personal Finance Retirement Young Investors Professional Education Financial Careers FAQs Getting the Whole Story on Variable Annuities November 15, 2004 | By Steven Merkel , CFP®, ChFC So, you've maxed out your annual contributions to your 401k , IRA , or other tax-deferred investment vehicle - now what? (To learn about these contribution limits, see A Tour through Retirement Plans .) There's got to be another tax-deferred investment vehicle out there, right? Well, there is.
It's called a variable annuity , but buyer beware: not all annuities are created equal! Most people think of annuities simply as a steady income stream or something associated with winning your state lottery. But before you purchase one, you really need to consider all the benefits and shortfalls to determine if an annuity is really a good product for you.
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