Variable Annuity

Variable Annuity
What are the good and bad points of a variable annuity?

A financial adviser so I take a tax deferred account I have and roll over a variable annuity account. Is this good or bad. Is it important that one get a lease a yield of 8% of my money?

Points ill include high tariffs and taxes when you take it out. And no increased tax base for the heirs. I do not know the good points.

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