Nexus Senior Resources Releases Annuity Nightmares

Scott C. Winters and William R. Nelson wrote and offer Annuity Nightmares free to protect seniors from making poor financial decisions. Everyone planning for or in retirement should read this booklet.

Oakbrook Terrace, IL (PRWEB) December 11, 2005 -- Many articles have documented the recent exploitation of seniors by pushers of questionable financial products. Risky variable annuities and inappropriate other programs with long surrender periods are common examples. Nexus Senior Resources recently released an educational booklet titled “Annuity Nightmares: How to Avoid and Escape” by Scott C. Winters CSA, CRPC and William R. Nelson Ph.D. The booklet defines and explains annuities in plain English.

The following questions are answered by the booklet. Why are variable annuities a poor investment choice? What gimmicks are used to sell fixed annuities and how can one spot them? What is an index annuity? What are the effects of fees on long term returns? How are annuities taxed? How are annuities used to limit taxation of social security payments? Where should one by an annuity? And more…

Nobody should invest before finding out about both the dangers of and opportunities provided by annuities. Learn exactly this in the Annuity Nightmare: How to Avoid and Escape.

A free copy of the booklet can be ordered by phoning 1-800-741-9006 toll free 24 hours a day 7 days a week.

About: Nexus Senior Resources is the educational division of Nexus Advisors a full service financial planning firm specializing in assuring the retirement security of seniors in the Chicagoland area.

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