• An equity index annuity is a fixed annuity.
  
  The reason equity indexed annuities are obsolete is that the
  fixed annuity means your premium earns a minimum guaranteed
  interest rate. In other words you have two interest rates,
  a guaranteed rate and a current rate determined by an
  external index.
  
  The word equity has been dropped from the description of a
  fixed indexed annuity as to eliminate the confusion of
  insurance terms among consumers and agents.
  
  A fixed index annuity is not an equity, therefore that term
  has been eliminated. Indexed annuities are the new and
  improved terminology. The word annuity is Latin for income.
  Annuities existed long before there was a tax code. The word
  deferred meant income later and still does today.
  
  You can buy a fixed index annuity and wait 12 months to
  determine if any interest has been credited and then
  withdraw the previous years interest over the second year
  all at once, semi-annually, monthly even direct deposit to
  your bank account.
  
  This is how to use a fixed index annuity with a current rate
  based on an index strategy you chose, to pay you a current
  income, in other words you can defer your income or interest
  payment for twelve months.
  
  The safety and security of fixed indexed annuities that
  provide current income is a popular choice for an IRA, 4O1k,
  and 4O3b rollover at retirement.
  
  Jeff McLeod is a fixed index-linked retirement income
  annuity specialist.
  
  To get a copy of the Buyer\'s Guide visit
  http://www.HappyRetiree.com.
  1-800-286-1812

  May 24th, 2006 at 9:38 am

Powered By GetResponse Email Marketing