Best Annuities for Seniors
Like any financial investment, choosing the best annuity is a matter of personal choice and preference. For seniors, choosing the best annuity may depend on what the individual plans to do with the money or what the purpose of the savings is. For example, many seniors just want an annuity as a way to tax defer some income and leave a benefit for loved ones after their passing. Others may need some ready cash and want to be able to draw payments from their annuity. Choosing the best annuity can take some careful consideration. Fixed vs. Variable Rate Annuities There …