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re: Fixed Index Annuity – do any of you have experience with them? Update on page 2

Posted on 10/9/14 at 3:05 pm to
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 10/9/14 at 3:05 pm to
quote:

They call it an annuity because it can be annuitized (although rarely done) to provide a lifetime income.


And all the ones I have seen only offer true annuitization as opposed to partial annuitization.

Plano, how old are you?
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2798 posts
Posted on 10/9/14 at 5:45 pm to
quote:

Plano, how old are you?

65 - retired last year. This would be for money that is outside my IRA and currently in a money market fund. I was just looking for something to make better than the MM rate. I wouldn't take all of the money out of the money market fund but it would be a significant amount.
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