Annuities # 3
March 19, 2019
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Scripture says plan for the future. Joseph stored food for the people for lean years. You might say retirement funds are stored from working years for non income years. Todays options are many. Wise choices required.
V Annuities are a common consideration. Here are some important facts. They are the most expensive product on the market. That income is taxed like regular income. Some may have a beneficiary. Some end when you die. The initial commission the insurance broker takes is 10%. That’s a high cost to pay for risk.
M Our challenge is to talk as couples and investigate. Single? Research, ask questions and don’t make a hasty commitment. Learn and chose what best meets your need with what God has entrusted to you.