Annuity Buying with Life Insurance

                 

You buy an annuity with a lump sum payment or you can make a series of payments Your payments grow tax- deferred at a fixed or variable rate.

                                           

An annuity always includes a life insurance factor, with a death benefit. You pay for that benefit.

                       

The question to ask yourself up front: Do you need or want that death benefit at its cost? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)