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OT:Name of man who has a large wealth management company?


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#1 traderx

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Posted 29 May 2021 - 12:10 PM

Many, many TV and print advertisements sayiing "Never buy an annuiity".

I would appreciate if someone could  tell me his name. 



#2 fib_1618

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Posted 29 May 2021 - 12:16 PM

The Mortician, Ken Fisher.

 

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#3 traderx

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Posted 29 May 2021 - 03:43 PM

Yes, thanks



#4 pdx5

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Posted 30 May 2021 - 01:37 PM

Many, many TV and print advertisements sayiing "Never buy an annuiity".

I would appreciate if someone could  tell me his name. 

So..after one has maxxed out contributions to IRA's, where is another place for some tax deferred trading?

 

Answer: Variable annuities! Worked great for me so far. All those capital gains are not taxable until I begin distributions from the annuity. And there is NO UPPER LIMIT on how much money you can invest.

$10 million? no problem. $50 million? no problem. On negative side annuities charge 0.25% for life insurance.

More positive is if you lose money, your death benefit never goes below what you put in. So your kids benefit.


Edited by pdx5, 30 May 2021 - 01:42 PM.

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