Marti Awad, SVP, Financial Advisor at Wealth Enhancement, was featured by MarketWatch in “Social Security was only designed to help with 40% of your retirement — but think twice before choosing an annuity.”
“An annuity can make sense if people want more tax-sheltered investment,” said Awad — if you can get a very stripped down annuity that has low fees, she adds. The money you put into an annuity like this is typically tax-deferred until you withdraw it, and then it is taxed as income.
Access the full article written by Beth Pinkser here.
