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re: Opinions on fixed-index annuities...

Posted on 1/17/13 at 1:49 pm to
Posted by BARNEYSTINSON
Member since Oct 2011
773 posts
Posted on 1/17/13 at 1:49 pm to
Don't disagree with your decision. But, there is a huge difference between the VA you describe and an Index annuity. Also, that living benefit you describe has nothing to do with the principal whereas the gains you "lock in" on an index annuity are on your account value. All that is important is that you found what investment was best suited for you.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 1/17/13 at 1:54 pm to
The agent stated that I would select an index of my choice, i.e., most people choose S&P, or Dow aor Nasdaq. The term "index" was used throughout the discussion.
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