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Investing/Strategies / Retirement Investing
|Subject: Re: Equity Indexed Annuities||Date: 7/28/2005 10:18 AM|
|Author: intercst||Number: 47057 of 81985|
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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