Annuities: Don’t Buy The Hype!
Written By: Bakul Modi in North Carolina Annuities and Annuity Agents have a bad reputation. In some cases it is well deserved. There are agents who do a poor job of explaining the features, limitations and costs associated with annuities. Let’s examine some of the reasons why you shouldn’t buy annuities: Lack of Liquidity: True – Annuities have this limitation. If you wish to withdraw your funds prior to age 59.5, you will likely be subject to early withdrawal penalties, taxes and fees. Keep in...View Article