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Legal News

: Lawyers and Settlements

Variable Annuities Not For Everybody

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Passaic, NJ: If you've purchased variable annuities, you need to ask yourself whether or not you actually need them. As it turns out, not many people benefit from investing in variable annuities. In fact, according to a study conducted a few years ago by Charles Schwab, only long-term investors that are in high tax brackets and have already filled every other retirement option need variable annuities.

Full post as published by Lawyers and Settlements on November 09, 2008 (boomark / email).

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