How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Rakhi Vasavada Your Own Question
Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4474
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
43581946
Type Your Finance Question Here...
Rakhi Vasavada is online now
A new question is answered every 9 seconds

Is there any disadvantage to opting for a fixed dollar amount

This answer was rated:

Is there any disadvantage to opting for a fixed dollar amount as a withdrawal option for my tax deferred annuity (I am 70 years old)?

Dear Sir,

 

No.. there are no apparent disadvantages of opting for fixed dollar payouts on a tax differed annuity.

Warm Regards,

 

Rakhi Vasavada and 2 other Finance Specialists are ready to help you