The Anatomy of Fixed Immediate Annuities

Some of the negative comments about annuities deal with cost and/or complexity due to charges for mortality, expenses, account management and administration, and special features and riders. It can be challenging for most consumers to understand exactly what they are buying and whether the price is worth it. While much of this negativity has been earned, the simpler cousin of these annuities, the immediate annuity, has been largely forgotten.

The Anatomy of Fixed Immediate Annuities
Source: Insurance News Net