Quote:
Originally Posted by collie1228
While I appreciate the concerns expressed about annuities and their high sales commissions, people should be careful stating that they are not for most people. I have a pension from a Fortune 500 company, which is an annuity. And a pretty good one at that, fully funded and secure. So not all annuities are necessarily "bad".
|
Actually what you have, is a defined benefit plan. Mine is through a Dow Industrial, I’ve never considered it an annuity, simply a pension.