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Subject:  Re: Annuities-help!!!!!!!!!! Date:  8/14/1997  11:00 AM
Author:  rayvt Number:  174 of 78167

Yes, it's too good to be true. You are getting an inaccurate picture, based on arbitrary projections, and the assumption that Congress will never change the tax laws. Talk to any accountant to see how much, and how often they change to tax laws---any how many of their clients are stuck in an investment that is a big loser due to such changes.

I have never been able to see the logic of linking life insurance with a savings account. If you collect of the insurance, you forfeit the savings account. If you want to withdraw savings, you have to cancel the insurance.

Buy insurance like you buy everything else--get the best value for your money, and don't link together dis-similar things. This means you should buy term insurance (this