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Author: TTRoberts Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75335  
Subject: Re: Scott Burns on Variable Annuities Date: 3/4/2000 2:05 PM
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peppermintpatty, you wrote:

<< I'd agree with you on that point. However, a good variable annuity, used in a 403b/TSA plan would offer a wider variety of investment choices, managed by a variety of good investment managers (like Janus, Putnam, T.Rowe Price, Fidelity, etc. etc.). >>

Actually, that's a VERY good point. In today's annuity environment, variable annuities provide a wide range of investment selections (as much as 20 to 40 and with varioius fund families)that a single fund family does not do. Sure, one can easily change fund families within something like an IRA or maybe a small employers SEP plan. But in a bureaucratical system like school systems, it's NOT easy to change. So, from the school systems point of view, a well selected variable annuity can be more attractive. Again, as I've suggested before, things tend to be more complicated than what we might normally be thinking.
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