Finally, a Warning About Annuities

Geer, Carolyn T.
July 1999
Fortune;7/5/1999, Vol. 140 Issue 1, p212
Focuses on variable annuities in light of May 1999 National Association of Securities Dealers (NASD) warnings to members about their legal responsibility to clients. Cost to customers of the tax-deferred investment; Reasons for the number of people who invest all or part of their retirement accounts in variable annuities; Class-action lawsuits against insurance companies as of June 1999.


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