Tag: Annuity

  • WHAT IS AN ANNUITY?

    In planning for financial security in retirement, an annuity cansatisfy two basic objectives: 1. To accumulate retirement assets on a tax-deferred basis: If you’re alreadycontributing the maximum to IRAs and any employer-sponsored retirement plans andneed to save more for retirement, a deferred annuity may be the answer to yourretirement savings need. 2. To convert retirement…