Equity Indexed Annuities SUCK
Uploader Comments (whitetreemktg)
All Comments (8)
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Nothing like locking your money up in prison, then paying the higher capital gains tax rate when you finally take money out. Annuities really do suck, but brokers love to earn their 6 - 12% commission.
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In addition, it is the safety and guarantees of these products which appeal to consumers, particularly during times of market downturns and volatility. Your help in avoiding any such confusion is so greatly appreciated.
I appreciate your efforts to educate Americans on the indexed annuity retirement income products. Thank you.
Sheryl J. Moore
"The Indexed Annuity Nerd"
President and CEO
Advantage Group Associates, Inc.
(515) 262-2623
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In addition, it is the safety and guarantees of these products which appeal to consumers, particularly during times of market downturns and volatility. Your help in avoiding any such confusion is so greatly appreciated.
I appreciate your efforts to educate Americans on the indexed annuity retirement income products. Thank you.
Sheryl J. Moore
President and CEO
Advantage Group Associates, Inc.
(515) 262-2623
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The insurance industry has been careful to enforce a standard of referring to the products as merely “indexed annuities” or “fixed indexed annuities,” so as not to confuse consumers. This industry wants to make a clear distinction between these fixed insurance products and equity investments. The interest potential of these products is limited, unlike equities investments.
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Mr. Orr-
Your professionalism is hidden by the title you chose for this video. I would suggest a different way to garner the public's interest in these valuable insurance products. In addition, it would be wonderful if you stopped referring to these products as "equity" indexed annuities. Indexed annuities have not been called “equity-indexed annuities” by those in the insurance industry since the late 1990’s.
The SEC really isn't looking at Index Annuties (other than some of the ways they are sold to seniors which is shameful) but whether to require a securities licences to sell them or let insurance only licenced people sell them. But if you READ my video description and watched the FULL video, you would see that I'm NOT promoting these things... BUT trying to tell people who ARE thinking about buying one, that in many cases, there is a more attractive alternative -- equity indexed LIFE insurance.
whitetreemktg 9 months ago