The returns offered by immediate fixed annuities aren’t as good as they sound. The sleight of hand in this case is the immediate loss of 100% of your principal. They are fixed for you to lose and the insurance company to win.
More Articles on Fixed Annuities:
Immediate Fixed Annuities part 1 – Immediate Fixed Annuities Aren’t Really “Fixed”
Immediate Fixed Annuities Part 2 – Immediate Fixed Annuities – The Hidden Risks
Immediate Fixed Annuities Part 3 – Additional Questions