7 myths about annuities, debunked – BenefitsPro

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Within the benefits space, annuities are drawing increasing interest, although some misconceptions remain.

abstract image of blue dial that says Annuity (Photo: Shutterstock)

Annuities have attracted both fans and critics throughout the years along with a variety of perceptions about their value as a retirement income tool. As we observe National Annuity Awareness Month in June, TIAA’s Dan Keady, CFP, chief financial planning strategist, debunked a few of the more common myths about annuities.

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