Recently, some articles have called Indexed Annuities “terrible ideas” for senior citizens. Proponents disagree and feel these are the perfect solution for people who need market returns but don’t want to take market risk. Click here to read a Bloomberg article on this topic.
First, a primer…an Indexed Annuity is a type of deferred annuity. In theory, the purchaser gets to put their money in the stock market, realize some of the gains as the market goes up, but ...Continue Reading →