Purchasing an Annuity Can Affect Your Whole Portfolio
Posted: May 5, 2013
Inflation-Protected Annuities: There are Pros and Cons Annuities have been around for centuries: Reportedly, savvy investors in ancient Rome would make one-time payments to an "annua" contract and receive income payments once a year for the rest of their lives. Today, annuities have bells and whistles, but the concept is the same: You make a payment to an insurance company, either by lump sum or...
