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

Posted on 10/10/14 at 6:47 pm to
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 10/10/14 at 6:47 pm to
I don't think FIAs have many fees. Not like a VA anyway.
Posted by slackster
Houston
Member since Mar 2009
85236 posts
Posted on 10/11/14 at 11:56 am to
Yeah you usually want to avoid any FIAs with income riders and fees attached. The barebones products tend to be the best bang for your buck.

Bottom line is that fixed annuities have their place, as do FIAs. They are generally geared towards investors with similar risk tolerances. If you're entertaining an S&P 500 ETF and a FIA, you're doing something wrong.
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