Annuities are great, in principle, but not so much when government policy keeps interest rates low. Published by Jane the Actuary View all posts by Jane the Actuary
I think annuities are much worse than most people think. High single entity credit and liquidity risk hidden spread fees of 200bps or more. https://commonsense401kproject.com/2022/02/10/401k-lifetime-income-a-fiduciary-minefield/ Reply
I think annuities are much worse than most people think. High single entity credit and liquidity risk hidden spread fees of 200bps or more. https://commonsense401kproject.com/2022/02/10/401k-lifetime-income-a-fiduciary-minefield/