Wednesday, September 02, 2009
How Well Do You Know... Indexed Annuities?
The pitch is enticing: You get a guaranteed minimum return and the opportunity to earn gains in the stock market. With many people looking for more-secure investments given all the recent turmoil, that alluring blend of promises is boosting sales of equity-indexed annuities. For the year's first six months, sales rose 20% from the first half of last year, to $15.2 billion, according to research group Limra International Inc.
But the products, also known as fixed indexed annuities, are anything but simple...
WSJ: How Well Do You Know... Indexed Annuities?
But the products, also known as fixed indexed annuities, are anything but simple...
WSJ: How Well Do You Know... Indexed Annuities?
Permalink posted by markw @ 4:38 AM 
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