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Subject:  Re: Equity Indexed Annuities Date:  7/28/2005  10:18 AM
Author:  intercst Number:  47057 of 88772

TweetleD asks,

I have heard a lot about annuities but never anything about Equity Indexed annuities.

Does anyone know anything about these and if so what is your take on them?

The annuity salesman typically takes about 8% of the amount you invest as his commission. That's why you've been hearing so much about Equity Indexed annuities -- they're a high profit item for those who pedal them.


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