Investments
Variable Annuities Insure Beneficiaries Against Loss Due to Market Risk
This is the second in a series of articles that I am writing on variable annuities. Readers are urged to read the first installment before tackling the one that follows. My initial article about variable annuities stressed: Financial advisers have strong incentives to sell variable annuities as they pay more in commissions than most other…
Read MoreVariable Annuities Offer Tax Advantages as a Retirement Investment Vehicle
Financial advisers have several good reasons for selling variable annuities to their clients. They get paid more for one thing. On most other investments, the higher the amount a client invests the lower commission rate is for the adviser. In mutual funds, this is called a “break point.” An advisor, to illustrate, may get paid…
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