What Is an Annuity? Guaranteed Retirement Income, Taxes, Fees and Withdrawal Rules
- info244569
- Jul 22
- 1 min read
Financial expert Frank Ho joins City Spotlight to explain how annuities work and who may benefit from guaranteed lifetime income. Learn the differences between fixed indexed, variable, immediate and deferred annuities, including cash value, income base, withdrawal rules, surrender charges, taxes, fees and death benefits—plus the key pros and cons to consider before adding an annuity to your retirement plan.
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