Financial Education

What You Should Know About Annuities

Annuities are similar to a pension you purchase for yourself.   Company pensions are pretty much a thing of the past in corporate America. While the ubiquitous 401(k) plan might help workers save pre-tax dollars for retirement, they’ve also shifted the responsibility for retirement planning to the individual. And as many people saw in 2008, 401(k)s can be fraught with market…

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