Kiplinger

Should No-Load Variable Annuities Have a Place in Your Portfolio?

If you're close to or in retirement, two of your top priorities should be maximizing your income streams and minimizing your income taxes.

One often-overlooked investment vehicle that can accomplish both goals is a no-load variable annuity.

Wait! Don't close the page.

I know variable annuities get a bad rap -- and in some cases, it's understandable. Buyers frequently pay fees that are so high, they erase any tax benefits they may bestow on the investor.

  • There's the "mortality and

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