Variable annuities: Stock investment with protection
May 22, 2020 by Keith Singer and Roy Rosner
Variable annuities are a frequently used, and sometimes abused method making a long-term tax deferred investment in the stock market which will also have principal protection in case of the death of the annuitant.
They are usually enhanced with optional features which provide lifetime income based upon a stated growth rate which is not dependent upon the stock market performance, as well as a death benefit which grows annually, even if the investments lose value.
Originally Posted at Sun Sentinel on May 19, 2020 by Keith Singer and Roy Rosner.
Categories: Industry Articles
