Planning for your loved ones’ future
Later on in life, you’ll want to make sure that both you and your loved ones are financially secure. You want to make sure that, at the very least, you can afford the basics, and, when you eventually pass away, your family is well looked after. Buying an annuity helps enormously with that, although there are a few pitfalls worth avoiding when it comes to choosing death benefits, especially when it comes to payments made to the taxman.