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Tag Archive: how long should i hold my annuity

The Tortoise vs. the Hare

The Tortoise vs. the Hare

Written By: Jeremy Smith at Amerishield I just finished reading a blogged article titled “What is the Right Age to Buy an Annuity?” In this article the author hypothesized that fixed or indexed annuities need to be held for the length of the contract in order to realize the full opportunity for growth. I strenuously disagree. He also explained that in many of the policies there is a penalty for withdrawing more than the allowed amount during the contract period. In some cases this can...

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