Annuities are already tax deferred. So why would the U.S. Treasury even consider their use in a tax-deferred retirement program?
Even with some modifications that add “target” fund securities investments tied to investor age with minimal investor attention required, we note an ironic twist.
Fixed-income annuities are directly hurt by inflation, inflation caused by the very Treasury suggesting and approving the measure. American investors will be severely hurt by cynical government promoting inflation. (See the Earl J Weinreb NewsHole® comments.
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