 TITLE: Are Annuities a Good Investment? CONTENT: When Might an Annuity Be Right for You?\n---------------------------------------\nAn annuity can enable you to build tax-deferred retirement savings and generate long-term income. However, you must weigh those benefits against the downsides. Those include any fees attached to an annuity and the likelihood that your annuity doesn't enjoy the same consumer protections that savings and retirement accounts do.\nBefore deciding to purchase an annuity, assess your current retirement portfolio. If you already have an IRA or another retirement account that provides tax-deferred savings, then you might consider buying an annuity only if it delivers different advantages. Those advantages may include guaranteed income or guaranteed death benefits. END