Using Annuities to Invest for
Radio Transcript, 60 seconds, for use during week
of Nov. 12.
This is an Invest Wisely minute brought to you by Iowa State
One option for retirement income is an annuity. Typically
annuities offer tax-deferred growth of earnings, a steady income
during retirement, and in most cases a death benefit that will
pay your beneficiary a guaranteed minimum amount.
But financial professionals advise you to study your options
carefully and ask for clarification from your insurance agent
regarding annuities. There can be tax consequences you
need to understand. And sometimes fees and other expenses can
be more than if you just invest directly in similar mutual funds.
Consider your options carefully.
Invest Wisely comes from Iowa State University Extension through
a grant from the Investor Protection Trust providing investor
education on the web at investorprotection.org.