Choosing an annuity is made out to be the most difficult decision in the world but it really doesn’t have to be. There is a logical progression to be made when making a choice. In this post I will go over the steps that need to be taken to make the right choice.
Before getting into the steps, I would like to point out a few key points that will help you along the way. The first is that there is not a “best” annuity for every thing or a company that has the “best” annuity for all situations. Insurance companies jockey back and forth to offer the best product for a certain situation. They do not try to have the best product for every situation. Also, they do not keep their product competitive for long. Usually an insurance company will offer a very competitive or the most competitive product for only 6 to 18 months and then they will lower rates. Read more
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