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Author: tstalkin101 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75539  
Subject: Whats wrong with annuities Date: 2/29/2004 5:17 PM
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My mom is widowed and retiered. Living fine financially. BUT...I have heard so many neg. things about annuties. She has many of them. I asked her to ask her financial person what the fees are. She was told there are non. And was hinted at that there are some commissions,REG FLAG to me. She likes the security of them and the income they throw off. I don't like making other people rich off of her money. Paying a fee for services rendered is fine. What other alternatives can I learn about. She has some bonds and IRAs and owns a 500k house in calif. She's almost 71 and healthy (thank you God!)

Annuities ..YES or NO
Thanks for any help Fools!!
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