Tuesday, February 06, 2007
Equity-Indexed Annuities Sales Take A Hit As Proposed Regulations Seek To Protect Naive Investors
As we know, EIAs offer both guaranteed principle and a guaranteed minimum interest rate and are tax-deferred. But what makes them different from other fixed annuities is that EIAs’ crediting rates are based on S&P 500 Index (or other stock market indexes selected by the company) performance.
Equity-Indexed Annuities Sales Take A Hit As Proposed Regulations Seek To Protect Naive Investors
Source: Insurance News Net
Equity-Indexed Annuities Sales Take A Hit As Proposed Regulations Seek To Protect Naive Investors
Source: Insurance News Net