Friday, July 31, 2009

 

Pros/Cons of Index Annuities

Index Annuity or Equity-Index Annuity (EIA) is a contract between you and an insurance company. You give the insurance company money in the form of premium(s) and they promise (subject to the claims-paying ability of the company) to pay you to some amount in the future. The amount you receive is based on what the "contract" says only, not what a sales person might say...

Dallas News: Pros/Cons of Index Annuities

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