Friday, August 24, 2007

 

Equity Indexed Annuities Aren't Worth the Confusion

Equity-indexed annuities let investors have it both ways: They track the stock market's gains, but with less downside risk than an index fund or an exchange-traded fund. That's an appealing concept, particularly when there's so much concern about the housing market. But these insurance products also have some serious drawbacks.

Equity Indexed Annuities Aren't Worth the Confusion
Source: The Street

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