No. of Recommendations: 4
BTW, can't recall if I mentioned this before but over at bogleheads.org there is a member (Stinky) who was an insurance executive and has answered a ton of questions on annuities (MYGA, immediate, variable, etc.) and has a very long thread entitled "Purchasing MYGAs (multi year guaranteed annuities) - mega thread".
Stinky does his best to get people to avoid variable annuities.
Anyhow if you have questions on them, it is a good place to post.
I have about 10% of my money in MYGAs and that is enough for me. Personally I don't like dealing with insurance companies so I do it reluctantly.
Thanks
Rich
