Non-Qualified Annuities: Should Retirees Think Twice?

An older woman looks out the window, appearing to be thinking, while sitting in front of her laptop.

Picture this: You're on the cusp of retirement, and you've just learned about a financial tool that promises to shield your hard-earned savings from taxes until you need them.

This tool is the non-qualified annuity, an insurance contract funded with after-tax money that defers taxes on your income and growth until withdrawn.