What you need to know about fee-only annuities: Opinion

November 23, 2015 by Mike Patton

Annuities are one of those securities that elicit strong opinions. Love them or despise them, in certain situations they can be an important component of a client’s portfolio. Whatever your belief, the efficacy of annuities is not the subject of this post. Instead, we will focus on a little-known aspect of fee-only variable annuities and reveal how advisory fees can actually increase a client’s tax burden and expose them to an IRS penalty.  Click HERE to read article 

Originally Posted at LifeHealthPro on November 23, 2015 by Mike Patton.