Are the companies that provide annuity products safe in the current upheaval of the banking and financial services industry?
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Asset
An asset any item of tangible or intangible value that entails a future benefit. For example, funds in a 401(K) are assets that can be converted into retirement funds or income at a future date.
High expenses or fees are one criticism I have heard regarding annuities. Can you explain the fee structure around annuities?
Annuities are products that combine insurance and, in the case of variable annuities, asset management. Costs are absolutely critical, so definitely ask you
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I am in my 30s -- is there any reason I would buy an annuity now? My advisor has suggested it.
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What types of fees should an annuity investor expect to pay?
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