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1. Annuity IRAs…a bad deal

Philosopher George Berkeley famously suggested that, “Truth is the cry of all, but the game of the few.” I suspect he was on to something or he wouldn’t have had a college and a town named after him. I think of this timeless quote whenever I see an annuity contract lurking within an Individual Retirement Account (IRA).

Tags: Annuity IRA, Tax-deferred annuity, Annuity contract

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