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Understanding Annuities: The Good, Bad & Ugly
Manage episode 406381864 series 2510975
You’ve probably heard some mixed opinions on annuities in your lifetime. But before you get swayed one way or another, it’s important to understand what exactly an annuity is and how they work. Listen in as Phil breaks down the difference between immediate and deferred annuities and offers insights into their benefits and drawbacks.
Here’s some of what we discuss in this episode:
- 1:08 – What is an annuity?
- 10:04 – When might an annuity be appropriate?
- 13:20 – The misunderstood features of annuities
- 18:31 – Working with a fiduciary that has your best interest in mind
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
256 επεισόδια
Manage episode 406381864 series 2510975
You’ve probably heard some mixed opinions on annuities in your lifetime. But before you get swayed one way or another, it’s important to understand what exactly an annuity is and how they work. Listen in as Phil breaks down the difference between immediate and deferred annuities and offers insights into their benefits and drawbacks.
Here’s some of what we discuss in this episode:
- 1:08 – What is an annuity?
- 10:04 – When might an annuity be appropriate?
- 13:20 – The misunderstood features of annuities
- 18:31 – Working with a fiduciary that has your best interest in mind
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
256 επεισόδια
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