<prompt> Human: Im talking with a financial adviser and their suggestion is to do a variable annuity. They claim it can help me lower my tax bill and I would get decent returns 5-10 average if not higher vs my money in a savings account not making anything...well 0.03 I think.Is this worth looking at or are there better optionsproducts in order to do this?  <response>: No. Variable annuities are sold by financial advisors because they get commissions on them. Guess who pays those commissions in the form of foregone return on their investment?More here: 