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Author: CABob Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Annuities in an IRA Date: 9/21/2003 6:01 PM
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I'm no expert in annuities but in almost everything I have read they are a great deal --- for the broker selling them.
Things to consider:
Your IRA is already tax deferred. There is no additional advantage of having an annuity inside an IRA.
Annuities typically have high fees, expenses, loads, and surrender charges.
Annuities are sometime appropriate for high net worth people that have already exausted all other tax deferred options.
Be very careful and do your homework before you proceed with a suggestion from your advisor.

Bob
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