Video: The Dangers of Immediate Fixed Annuities

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The returns offered by immediate fixed annuities aren’t as good as they sound. The sleight of hand in this case is the immediate loss of 100% of your principal. They are fixed for you to lose and the insurance company to win.

More Articles on Fixed Annuities:

Immediate Fixed Annuities part 1 – Immediate Fixed Annuities Aren’t Really “Fixed”

Immediate Fixed Annuities Part 2 – Immediate Fixed Annuities – The Hidden Risks

Immediate Fixed Annuities Part 3 – Additional Questions

Follow David John Marotta:

President, CFP®, AIF®, AAMS®

David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.