Friday, September 08, 2006

 

Indexed Annuities: Too Good To Be True

Perhaps you have heard about a miracle investment that allows you to enjoy the gains of the stock market without losing any principal. If you haven't gotten a pitch yet for an equity-indexed annuity, you probably will. Last year, consumers sunk a record $27.3 billion into these products, according to Advantage Compendium, a St. Louis-based research firm that tracks the industry. And more than 30 companies are churning out new products to capture the lucrative baby-boomer market.

Indexed Annuities: Too Good To Be True
Source: Insurance News Net

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