Most annuity purchasers don't read their contract

04/24/2014 | MarketWatch

Because most consumers don't read their annuity contracts, they don't really understand what they own or how it can be used, writes Melody Juge, managing director of Life Income Management. She advises consumers to "get clarification on each and every word that may be confusing." Only then will they know how to maximize their benefits, she adds.

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