Vast range of options makes analyzing annuities a challenge

11/24/2013 | Financial Advisor online

The facts that there are so many kinds of annuities on the market and that contracts can vary significantly for any one type of annuity make the decision about whether an annuity is right for a specific individual particularly complex, writes Alanna Ritchie. "An annuity may be a prudent choice if there are savings in another account, some risk taken in stock holdings, and additional money available to buy an annuity," she notes.

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