Many times I see investors being offered annuities with an income rider. My advice to investors is to do their homework. There are many varieties being offered, and I find only a few that are good for my clients.
Let’s consider an annuity with an income rider and how much you should put into one policy. I often see large amounts being considered for an investment. I advise clients to split up their investment into more than one policy. The reason for this is the compounding of an income rider. Continue reading