Annuities Dirty Little Secret Number 2: Great Products or Great Rip Offs?

The origin of annuities can be traced to the founding of the United States of America. The first recorded use of annuities was by the Presbyterian Church who used annuity concepts to provide for widows and retired ministers. Benjamin Franklin used annuities to provide for funds over a long period of time for his wife and for the cities of Boston and Philadelphia.

By |2020-04-12T23:29:09+00:00August 12th, 2013|Annuities, Annuities 101|