ANNUITIES ALIVE AND WELL
No wonder that insurance giant AIG recently bought variable-annuity titan SunAmerica. For some reason, consumers are buying record numbers of these instruments, which are essentially tax-deferred mutual funds wrapped around life insurance. Annuities usually carry high fees and taxes. Our advice: stick to options like 401(k)s and IRAs.
FIRST-CLASS MEDICAL CARE
If the thought of getting laid up in a hospital in Karachi makes you feel queasy, MedJet Assistance may be just the cure. In the unlikely event you're involved in a serious accident while traveling either at home or abroad, this newfangled Birmingham, Ala., "membership program"...
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