Berkeley CSUA MOTD:Entry 54637
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2025/05/25 [General] UID:1000 Activity:popular
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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.