The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/tax-deferred-annuity-right-for-me-30655284.aspx

Subject:  Tax Deferred Annuity right for me? Date:  4/26/2013  3:03 PM
Author:  BrianMdavis Number:  118483 of 121219

Hello,

I'm 53 in a high income bracket and getting killed in taxes. Maxing out my 401k and IRA. A financial planner from Fidelity suggested i dump money into a Tax Deferred vaiiable Annuity to decrease my exposure. Fees: 0.25% expense not including Fund I choose. I don't know enough about Annuity's to make a decision here.

Pros and Cons?

Thanks,
Fool on!
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us