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Tag Archive: annuity misconceptions

Five Common Annuity Misconceptions

Mark Goldfinger

More misconceptions and myths swirl around annuities than any other financial product. Some of the confusion may be due to the fact that annuities have greatly improved over the past 10 years, offering more options and benefits than ever before. One of the most flexible types of annuities is a fixed indexed annuity (FIA). An FIA is a financial product sold by insurance companies. The insurance company guarantees to protect your principal and give you the potential for growth linked to an index, such as...

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A CPA Explains Why There Is Confusion And Misinformation About Annuities

Mark Goldfinger

Written By: Larry Klein in Walnut Creek, CA I am a CPA (inactive), a retired financial advisor and active investor.  Before making any large financial decision (on behalf of a client or for my personal needs), I do a tremendous amount of research to ensure that no stones are left unturned.  Every time I research anything relating to annuities on Internet, I’m baffled by the tremendous amount of misinformation that is published online, so I am writing this brief article in an attempt to shed...

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