[EdV]

Originally Posted by Army Guy

.....Also annuties are full of hidden fees and taxes...

While that may be true for variable annuities, it doesn’t apply to fixed immediate annuities. The latter can be an excellent choice for some individuals such as those with no dependants other than a spouse who can be jointly tied to the annuity.

It’s also an interesting choice for someone that is worried that their surviving spouse might be flim-flamed by a gigolo. The principle in a fixed annuity can never be touched.