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Investing/Strategies / Retirement Investing
|Subject: Re: variable annuities||Date: 4/17/1999 9:19 PM|
|Author: tmackfool||Number: 10005 of 83087|
Fools rarely find annuities to be good deals, usually because of high fees. My optional retirement plan (rather than the poor state retirement plan) is in an annuity, because I have no choice, but it is with TIAA-CREF, whose fees are 1.5% to 2.5% less than the fees with my other choices! My 403(b) is with a straight mutual fund.
Here's some other sites to check out for more information about annuities:
Quicken's page on annuitiy investements:
SmartMoney: What's Wrong With Variable Annuities:
SmartMoney: Who Should Buy a Variable Annuity?
Hope this helps.
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