• Vested Gains and Annual Reset..
  
  Vesting
  Some annuities credit none of the index-linked
  interest or only part of it, if you take out all your
  money before the end of the term. The percentage
  that is vested, or credited, generally increases as
  the term comes closer to its end and is always 100%
  at the end of the term.
  
  Annual Reset
  Index-linked interest, if any, is determined each year
  by comparing the index value at the end of the
  contract year with the index value at the start of
  the contract year. Interest is added to your annuity
  each year during the term.
  
  Best regards,
  
  Jeff McLeod
  800-286-1812
  McLeod Agency Inc. HappyRetiree.com,
  AnnuityBuyersGuide.com
  Your Login Password: seminar
  

  February 8th, 2007 at 8:29 am

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