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[The information below is in reference to 403B plans with a school district] I have an advisor who recommends products with LSW (Life Insurance Company of the Southwest). They have varying types of products but the advisor has presented the advantages of 403B accounts with indexed annuities. The annuities also have a rider/lifetime income component called a GLIR. Life Insurance Company of the Southwest (LSW) offers an excellent savings and retirement income solution for employees of non-profit organizations. Our Guaranteed 1 Lifetime Income Rider for 403(b) and 457(b) flexible annuities can provide the annuitant with a Guaranteed Withdrawal Payment from his or her annuity that will last a lifetime…income that cannot be outlived! Can someone explain more why people say "don't go with insurance companies" and "ALWAYS stay away from insurance companies." Is there no good option that you can choose through an insurance company/annuity like National Life Group/LSW? Also, the advisor said that the fees are low with indexed accounts, would that be something I would look for? I always see names like Vanguard and Fidelity but why aren't insurance companies a good choice? According to this bar graph, it seems index funds with low fees can provide some advantageous growth. THANKS FOR YOUR RESPONSES AND HAVE A GREAT DAY!