The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Variable Annuities beware of broken promises Date:  6/29/2013  2:57 PM
Author:  ptheland Number:  72525 of 88498

It might help to clarify this, if one just uses the Insurance Industry's unabridged dictionary. In this, the word 'guaranteed' is defined as "the intent to pay if funds are available after paying all sales commissions and generous executive salaries and bonuses".

Don't forget the expense accounts and perks. ;-)

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us