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annuities FAQ
Yes but an annuity is the Worst investment possible. Put your money in a Municipal Money Market account and that is tax free or buy municipal bonds. Talk to a financial adviser. No on the college fund since the money is NO longer yours.
I'm having the same issue with this question. Good old wiki saves the day though...
http://en.wikipedia.org/wiki/Inflation-i ndexed_bond
I just assume they're just long term and make it up from there!
I see you're having trouble with the IFIM assignment.
Ask your parents to make sure they are not getting this.
You don't want to lie in the FAFSA
Annuities and pensions are monthly payments done by a company when a person is in retirement
You don't want to lie in the FAFSA
Annuities and pensions are monthly payments done by a company when a person is in retirement
(A) Payments are 254.96 a month for 60 months. In total then,
60 x 254.96 = 15,297.60, of which 3,297.60 is interest.
(B) Investing 12,000 for 60 months, at 10% compounded monthly,
will total 19,743.71 in 5 years.
annuities news
Annuity postcard catches northeast Ohio man's attention
Source: NewsNet5.com
