What are some things to watch out for when buying annuities?

\u003col\u003e\n \u003cli\u003eTerms of an annuity are in the policy contract document and/or the illustration, and a buyer should fully review them.\u003c/li\u003e\n \u003cli\u003eAnnuities typically have early withdrawal fees that last for 5-10 years, so make sure you dont need the money you invest any time soon.\u003c/li\u003e\n \u003cli\u003eThough unlikely, annuities can lose value in some circumstances.\u003c/li\u003e\n \u003cli\u003eAnnuities are usually long-term contracts.\u003c/li\u003e\n \u003c/ol\u003e","reminder":"\Reminder: It may be helpful to consider company ratings by rating agencies like Moody's, Fitch, and SP, which are good indicators of a company's long-term financial strength.