The Price of Security Immediate Annuities

Published: May 6, 2008, 3:33 p.m.

b'Money-Guy 05-05-2008 With recent stock market ups and downs, immediate annuities are attracting attention from people looking to shelter themselves from volatility. But do they make financial sense? If so, for whom and when? (An immediate annuity, you might recall, is an investment product that\\u2019s purchased with a single payment and begins to pay out [\\u2026]'