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| 2013/3/24-5/18 [Reference/Tax] UID:54637 Activity:nil |
3/24 Has anyone put money into annuities? Any good/bad stories?
I'm thinking of putting my parents' money into it (they're way over
59 1/2 so they quality) since it has significant tax advantages.
\_ My parents just did, so I can't really say anything about the
long term effects. I'd say it sounds like a good idea just to avoid
future problems with dimentia.
\_ Do you have to be 59 1/2? Annuities are probably a Good Thing,
but I would ladder into them in this low-interest enviornment. |