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URL:  http://boards.fool.com/was-there-not-a-problem-several-years-ago-when-30749296.aspx

Subject:  Re: Variable Annuities beware of broken promises Date:  6/25/2013  3:51 PM
Author:  joelxwil Number:  72511 of 76388

Was there not a problem several years ago when interest rates were high? Some companies sold annuities based on those high interest rates, but when interest rates went down, they could not make good on those promises.
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