Weekend Insurance Tip Know if a Variable or Fixed Annuity Right for You

A variable or fixed annuity can be a great retirement vehicle. Variable and Fixed Annuities have some of the same retirement benefits as other retirement plans like the employee sponsored 401K plan and an individual traditional IRA, but an annuity typically doesn't have contribution limits, income limits, or mandatory withdraws like the 401K plan and traditional IRA. And although one's after-tax dollars are used for contributions, the retirement earnings grow tax-free.