Annuities can provide peace of mind in uncertain times
Abstract: Retirees worried about the impact of market volatility and inflation on their nest egg may want to consider an annuity. Annuities don’t enjoy the potential returns of equity investments, but they do provide a guaranteed, tax-deferred income for life. This article describes types of annuities, their advantages and their disadvantages. A sidebar discusses tapping retirement accounts to fund lifetime gifts to family members.