The focus of this book is the market recovery program.
Although part of that mandate includes a discussion and description of
tax-deferred annuities, they have purposely not been given as thorough a
treatment as the subject warrants.
Annuities deserve a book of their own and, indeed, there are many available.
Although the reader is encouraged to peruse them, here is a summary of some of
the benefits of annuities in general. Again, as counseled previously, if the
reader is interested in purchasing and including an annuity as part of his
investment portfolio he is advised to seek the counsel and advise of a licensed
insurance agent.
Qualified and non-qualified
Annuities can be qualified or non-qualified.
Qualified annuities are held in qualified retirement accounts such as