Once you fund an annuity, your money is often "locked away," making it difficult to respond to life's emergencies.
Agents can earn 1% to 10% of the total contract value in commissions, which are often "baked in" but ultimately reduce the starting value of your investment. don t buy annuities
In some flexible-premium contracts, every new contribution starts its own multi-year surrender clock, effectively keeping your capital illiquid indefinitely. 3. Inflation and Purchasing Power Risk Once you fund an annuity, your money is