Variable Annuity from Wachovia Bank
Variable Annuities can potentially yield similar advantages and earnings of the equity markets, and earnings can also be tax-deferred. The IRS has no say over how much you contribute, and your beneficiaries can receive your distributions upon your death. There are also a variety of payment options available, like a guaranteed lifetime option, when the account matures. Keep in mind, this is more risky than a Fixed Rate Annuity.
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