What is the biggest disadvantage of an annuity?
Dim Mode
Answer:
The main drawbacks are the long-term contract, loss of control over your investment, low or no interest earned, and high fees. There are also fewer liquidity options with annuities, and you must wait until age 59.5 to withdraw any money from the annuity without penalty.
visit the sponsor
Best Related Question and Answers
The objectives of our project are
A large team of enthusiasts looking for answers to questions in this world presents you a unique database of questions accompanied by cool answers. It is very likely that our best artificial intelligence has found the best answer or question you have been looking for a long time.
Whats the biggest bet ever placed?
Answer: What is the biggest bet ever won? Topline. Texas furniture kingpin Jim McIngvale—better known as “Mattress Mack”—won $75 million on Saturday after his bet that the Houston Astros would win the World Series paid off, taking home what is believed to be the largest payout in legal sports betting history.
2024-02-05 01:44:43
What is the disadvantage of dualsense controller?
Answer: The only downside with PlayStation's next-gen offering is how long you'll be able to use the DualSense. While not abysmal, the battery life is slightly disappointing, with Sony's PS5 controller only providing around nine to 10 hours of play before you'll need to pop in the charging cable.
2024-01-12 17:07:16
Where is the biggest bank in gta?
Answer: Where is the biggest bank in GTA 5 story mode? It is located at the intersection of Alta Street and Vinewood Boulevard in Downtown Vinewood, Los Santos, neighboring the iconic Oriental Theater. After the Heists Update, the bank is accessible in Grand Theft Auto V, though it can't be robbed.
2024-01-01 01:49:24
Who won the biggest lottery payout?
Answer: The winner of the largest ever lottery jackpot described himself as “shocked and ecstatic” as officials revealed his identity, satisfying a law in his state, California. Edwin Castro bought the ticket that won the record-breaking $2.04bn Powerball jackpot on 8 November.
2023-10-17 14:44:18
Who did the biggest heist?
Answer: In 1997, a group of six individuals masterminded the largest cash robbery in the history of the United States. The leader of this operation was Allen Pace, who worked at the Dunbar Armored trucking company as a "safety inspector." However, he took advantage of his position to plan and execute the heist.
2023-01-06 01:35:06