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Posting in Investing, Retirement, Tax by Mark Cussen June 23, 2008 12:47 A.M. - 0 Comments The last several years have seen an explosion in the equity-indexed annuity arena, with a growing number of companies offering more and more products in this category. Nevertheless while these hybrid annuities can provide many benefits to investors for whom, they are suitable, they can also pose some risks to those that do not understand them. By definition, an .. click here.

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Q: I went to the seniors seminar on investing and bought an annuity from Alliance, and put it in S&P 500. This year I received no interest on my money. Is there a way that I can get out of this annuity? And should I put my money in another annuity? I am a single 67 year old woman and other than Social Security, I have no other income. A: Your annuity contract will describe the rules for getting out of your annuity and the price for doing so. Many annuities have a surrender charge that .. read the rest.

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