Wednesday, April 05, 2006
Experts Say Most Buyers Misunderstand Guaranteed Annuity Benefits
When is a $179,000 "income base" worth only $121,000? When does a 7 percent "roll-up" end up as a mere 2.6 percent return?
Answer: When dealing with the intricacies and fine print of variable annuities that offer a guaranteed minimum income benefit, or "GMIB" for short.
Experts Say Most Buyers Misunderstand Guaranteed Annuity Benefits
Source: Florida Sun-Sentinel
Answer: When dealing with the intricacies and fine print of variable annuities that offer a guaranteed minimum income benefit, or "GMIB" for short.
Experts Say Most Buyers Misunderstand Guaranteed Annuity Benefits
Source: Florida Sun-Sentinel
Permalink posted by armandn @ 12:09 PM 
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