Clark despises variable annuities and that is not going to change. They are piece-of-trash investment products, and are not a good idea for anyone. Regardless of what sales people say about these products, you do not want to buy or invest funds from a former retirement plan into variable annuities. These are basically insurance policies sold as if they’re mutual funds. But the tax on these investments is outrageous, as are the expenses. Salespeople are pushing them because they make a tons of money on them. Stay away!