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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 585
Experience:  10 years experience
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I am 38 years old and employed full time. Is it too early to

Customer Question

I am 38 years old and employed full time. Is it too early to start investing in annuities? I was looking at deferred annuities from TIAA-Creff
Submitted: 2 years ago.
Category: Tax
Expert:  Lev replied 2 years ago.
That is NEVER late and NEVER early. The deferred annuity is an annuity that is scheduled to start payments at the later date - for instance at certain retirement age.Your deferred annuity earnings are deferred from tax liability until actually distributed.