The Motley Fool Discussion Boards

Previous Page

Investing Strategies / Retirement Investing


Subject:  Annuities Date:  9/6/1999  5:11 PM
Author:  happyjd Number:  13745 of 107831

I am retired and have some of my TSA money available to roll over into another investment.I am considering investing in index annuity. The index annuity guarantees the principal. The first year it guarantees 100% of what the S&P 500 Index averages. After that it will pay no less than 50%. The minimum guarantee is about 2 1/2% which is said to limit the loss in a falling stock market. The insurance company invests most of the money in this account in government and corporate bonds.
I would appreciated some input on this kind of investment.
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us