No. of Recommendations: 1

My comments were aimed at the original poster, who appears to be:

A) Not well-informed by her "advisor" as to what this product is or why she might need it (can you hear the alarm bells yet?)

B) Suspicious enough to ask on this site (rightly so, IMO)

C) Apparently about to be lead out to the woodshed by an advisor eager to sell her a high commission product

If she really needs a fixed annuity, then let her buy one from a competitive source. If, OTOH, she really needs a variable or equity indexed monstrosity, then she should at least know what it is and why she needs it. The fact that she doesn't understand the product or why she needs it is a clear sign that (at best) the advisor isn't doing a very good job.

Just a brief question: Are you an advisor/planner/broker/insurance salesperson? No insult or shading intended, I'm just curious.
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