Annuities Get a Bad Rap But for Whom? In recent years, annuities have faced intense criticism from personal finance experts and consumers alike.
However, Jean Chatzky, a well known financial expert, is among those who believe the negative perception of annuities is largely undeserved.
The complexity of annuities is often cited as one reason for their poor reputation. With numerous fees and penalties associated with them, it's no wonder many people find them daunting to understand.