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

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Was told he only recommends those with a participation rate would 100%. Don't know what the cap percentage is but will ask at the meeting.

Thanks for your response.

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FYI - some of the products claiming 100% participating have an escalation scale over certain period, either starting on the policy date, renewal date or both. The one I looked over recently had just been renewed for another 10 years and the 1st year of the scale was only 10%

Guy earned 17 bps on his money last year.

As others have said, be careful about about eliminating risk. It can be very expensive in lost/capped earnings.

That being said, there are some good products out there. I hope you report back after your meeting.