What an Annuity Quote Does Not Tell You
Running an annuity quote takes about ninety seconds. Understanding what the number actually means takes rather longer. A quote tells you what an insurer is currently willing to promise. It does not tell you how likely that promise is to be kept, what happens to your purchasing power over twenty years, or what the figure looks like after tax. Key Takeaways An annuity is a contractual promise from an insurance company, so the insurer's financial
Continue Reading