Are annuities an idea?Annuities are an idea, a bad idea.The only other "tax-advantaged" account I could think of would be a Medical Savings Account. Don't know much about them so can't make much of a comment and monies taken out are limited to medical expenses.As far as strictly saving for retirement, I would buy S&P 500 Index fund (or some other index fund) and hold for long term. As the law stands now, you would benefit from a much lower capital gains rate at time of sale.JLC
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra