Fixed income annuities offer a reliable income stream for retirement, but knowing their benefits and limitations is essential for smart planning. In this video, we explain what fixed income annuities are, how they work, and their pros and cons—from guaranteed payments to tax benefits and potential drawbacks. We also compare annuities with other retirement income sources like Social Security and pensions, addressing common questions about fees, inflation, and fund access. Subscribe to Winston and Winston for more retirement insights!
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