Are you thinking about purchasing a Deferred Income Annuity (DIA) to guarantee your future retirement paycheck? Stop right there! If you want to protect your life savings, you need to hear the brutal truth about these incredibly rigid contracts.

In this video, Shawn Plummer from The Annuity Expert gives a candid, no-nonsense rant answering the question: Can a GLWB (Guaranteed Lifetime Withdrawal Benefit) be better than a DIA? The answer is almost always yes! Shawn breaks down exactly why DIAs are terrible products—you are locked into a rigid payment date, you earn zero interest, and if you die early, the insurance company might just keep all of your money!

The only exception? Using a DIA as a QLAC (Qualified Longevity Annuity Contract) to legally defer taxes on up to $210,000 of your IRA money!

For everyone else, Shawn explains  ...