Annuities are financial products that give you a steady income stream when you retire. You can contribute to these insurance products with tax-free dollars and then pay taxes when you receive money from the annuity. It’s like a traditional 401(k) plan and Social Security wrapped into a single product, but not every financial advisor likes annuities. Marc Lichtenfeld, the chief income strategist at The Oxford Club, is one of the financial advisors who steers clear of annuities. He shared three reasons wh ...