What You Need to Know About Annuities

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Actually most variable annuity contracts and index annuity contracts today are purchased with guaranteed lifetime withdrawal benefit riders, which allow people to create an enhanced income account and spend down their savings and use annuitization. Most observers believe these new products will be used in this way by savers.
There are things annuities don't accomplish. Inflation protection is difficult in a fixed income portfolio--however, an annuity portfolio will not decline for an investor, whereas a bond portfolio will decline with inflation. Index annuities do give investors inflation protection.
Most importantly, they give investors a guarantee of principal, guaranteed lifetime income, and a guaranteed return if they desire.
Wade Dokken
Co-President
WealthVest Marketing
http://www.wealthvest.com

Wade Dokken of MT 5:57PM October 03, 2010

Anuity is a great tool, but if you get paid in deflated US $ the 100 000 paid in now will be worth only 50 000 the or less, Question is, does any Anuity writing firm insure your for the deflating or Inflation in 5 0r 10 Years

Gunter of PA 10:14PM July 18, 2010

Phillip, we appreciate your article and put together a reply:
http://www.nafa.com/online/Download-document/101-NAFA-Responds-to-USNews-What-You-Need-to-Know-About-Annuities.html

Scott Hinds of WI 9:42AM June 10, 2010

One more thing that is not clearly stated about annuity products is you do not have use the annuitization phase. In fact most people do not, most people just let the money sit until it matures and take it in one lump sum.

Kristopher of WA 8:51PM June 03, 2010

One more thing that is not clearly stated about annuity products is you do not have use the annuitization phase. In fact most people do not, most people just let the money sit until it matures and take it in one lump sum.

Kristopher of WA 8:51PM June 03, 2010