You Should Not Consider Investing in an Annuity Until All

question 20

True/False

You should not consider investing in an annuity until all other tax-sheltered vehicles to save and invest for retirement have been maximized.

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Definitions:

Cost of Borrowing

The total amount of interest and other charges an individual or entity pays when taking out a loan.

Announcement

A formal public statement or notification about a new development, decision, or update related to businesses or financial markets.

Expected Part

The segment anticipated or forecasted in a scenario or model, usually referring to expected outcomes or returns.

Surprise

An unexpected event or outcome that may significantly impact financial markets or investment portfolios.