Annuities are tools. They are acquired because the purchaser has a particular job to be done and is willing to exchange his money for a tool to do that job. In many ways, this exchange transaction is like the purchase of a hammer. The hammer has certain specifications — type and strength of the metal, length of the handle, size of the hammer head — and when purchased from a quality company, often comes with a guarantee that the product will perform as specified.
Read the full article at Life Health Pro.