Recently a representative from my mother's bank approached her to have her money switched from a money account into an annuity. She fears taking that advice..What information does she need to make any changes at her age...I would like to pass your wisdom to her...Thank you very muchAnnuities are a VERY good deal for the banks, and they are trying to sell them to lots of elderly people.That ought to give you a good idea of what type of deal it is for the purchaser.Cameron
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