What Is The Difference Between A Fixed Annuity And A Variable Annuity?
Written By: Bruce Hearon | Hearon Advisory Group As a Florida-registered investment advisor and insurance agent for the past twenty years, I have been asked this question countless times…what’s the difference between a fixed and variable annuity? My answer is consistently the same…there’s a huge difference between the two! Although both are contracts held with an insurance company, have the word “annuity,” and have the same tax advantages, they are quite different. In a variable annuity you decide the investment strategy by placing your funds...View Article