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Hi,
Here's another new person to the board.

What's the scoop on variable annuities? My dad passed away, leaving me with a stretch IRA that his financial planner is suggesting I put into a variable annuity. I'm not very knowledgable about annuities but have heard that fees and commissions can be very high. On the other hand, I do definitely want a very conservative investment that will provide for some current income.

Comments, suggestions, and questions to ask the financial planner who is suggesting this?

Many thanks in advance!

RW Rose
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