Understanding Tier 3 Contributions for Financial Freedom
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Understanding Tier 3 Contributions for Financial Freedom
11.5K views1 month ago
TikTokcareercompass5
Annuities get a bad rap—but let’s simplify this. What’s a pension? What’s Social Security? What’s an annuity? The difference isn’t what they do—it’s who provides them. Pensions come from employers. Social Security comes from the government. Guaranteed income annuities come from insurance companies. Yes, annuities aren’t liquid. But neither is Social Security. You can’t call the government and ask for $40,000 for a new roof—and no one expects to. 𝐆𝐮𝐚𝐫𝐚𝐧𝐭𝐞𝐞𝐝 𝐢𝐧𝐜𝐨𝐦𝐞 𝐡𝐚𝐬 𝐨𝐧𝐞 𝐣
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