Dateline Investigations of Annuity Salesmen

The Best Savings Rates, CD Rates, and More

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Other writing by ktexas

Article Submitted by: ktexas
Savings - Checking - CDs

Tags: Investments, Retirement, Annuities, Financial planning.

Instead of the usual "To Catch a Predator" investigations, NBC Dateline's Chris Hansen reported yesterday on his investigations on annuity salesmen and their deceptive tactics they use to sell annuities to seniors.

Sales pitches include using scare tactics about the supposed weakness of the FDIC and leaving out important details of annuity surrender charges.

It's a good time for this report. With the very low CD rates we're seeing now, there'll be more seniors tempted by annuities.

Submitted: Apr 14, 2008 Views: 762 Comments: 0 Likes: 1

View Article: http://insidedateline.msnbc.msn.com/archive/2008/04/11/877725.aspx

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The Best Savings Rates, CD Rates, and More

Other writing by ktexas

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