The Rokslide Stock Traders Thread

I am not familiar with SPIA, I'm assuming it's an annuity.
The ONLY Annuity I would even consider is from one of the low cost/ low commission providers like Vanguard.

I have a couple buddies that sell those annuities and the hidden commission on those is outrageous. Read the fine print on early withdrawals- brutal.

That said, I can see where it makes sense for a retired person locking in a guaranteed payout...as long as its truly guaranteed.
 
Back
Top