: While your money is "borrowed," it isn't earning the interest or market returns it would have otherwise, which can shrink your retirement nest egg.
: Like any loan, you must pay back the principal plus interest. You may also face administrative fees from the provider. Risks and Consequences can i borrow from my annuity to buy a house
Yes, you can often borrow from your annuity to buy a house, but it is a complex move with significant trade-offs. : While your money is "borrowed," it isn't
: Many experts consider borrowing from an annuity a "last resort" due to the high cost of fees and lost compound interest. : While your money is "borrowed