I have annuity plans with both USAA and NSS Life. I prefer NSS Life, a fraternal association.
What most people do not understand and brokers are not quick to point out is that you never have to annunitize. That means one can continue to grow the money in the annunity account and then take the whole amount out ----never signing an annunity contract that gives up control of your money for a lifetime monthy payment. One has to live a very long time to be ahead. Of course if you die early, the insurance company wins! I would never sign an annunity contract, but would use an annunity account to accumulate wealth and I decide how to use it and who to leave it to when I die. I am not a broker or sales person. NSS Life has a plan that for money one can put away for 8 years they will give 3.5% interest with no fees. Only $1,000 to open an account, put in as much additional money as one wants without increasing the lockup time. I would be pleased to give one more information about NSS Life. Call Mike at: (412) 996-0222
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