1.   And finally, if you do go with an annuity plan, I suggest you maintain CDs as emergency funds.

2.   Finally, consider mutual fund variable annuity plans if you still have money to invest.

3.   Investors should avoid the many annuity plans with high fees, which could eat up the tax savings, he said.

4.   The annuity plan is coupled with a state-run pension program that provides substantial retirement income to long-term employees.

5.   The other is to determine whether your employer has any other retirement options than the annuity plan.

6.   The Vanguard Group has added two portfolios to its variable annuity plan.

7.   Those higher yields let life insurance companies earn more on their investments than they had to pay out in annuity savings plans.