Annuities seem to get more popular with every passing year. Part of the reason for this lies in their tax deferred growth benefit. This is to say that money put into an annuity does not have its earnings taxed. Eventually though, the owner of the...
The financial crisis of 2008 has resulted in many investors moving their money into pure cash and cash-like instruments such as money market accounts and funds. Many investors have become much more conservative in their asset allocation methods after the stock market crash of September - October 2008. This is understandable, since times of financial and economic uncertainty bring forth preservation instincts.
Fixed Annuities