06/09/2026
Annuities can be a fantastic way to secure a steady income for retirement, but rushing into a purchase without knowing the rules can lead to costly mistakes.
Before you make your next move, keep these essential Dos and Don'ts in mind:
✅ DO investigate the different types (fixed, indexed, variable) to see what fits your risk tolerance.
✅ DO read the fine print on fees, caps, and surrender periods.
❌ DON'T ignore the complex tax implications or early withdrawal penalties.
❌ DON'T treat an annuity as your only strategy—it’s meant to supplement Social Security and your other savings.
Want to make sure you're using annuities the right way within a diversified retirement portfolio? Head over to our website to check out our latest blog for the ultimate list of Annuity Dos and Don'ts!
