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Re: Financial dinners and Equity Indexed Annuities
Old 04-02-2007, 08:03 AM   #21
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Join Date: Aug 2006
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Re: Financial dinners and Equity Indexed Annuities

Originally Posted by saluki9
And on that count you would be wrong.

A fixed deferred annuity pays about 3% commission

A fixed immediate annuity pays 1.5% - 2.5%

A variable Annuity pays from 4%-7%

EIAs pay between 8% and in some cases up to 14%
Sounds about right.......... Of course, those "fine" 14% commission porducts have 20 year surrender charges, and are issued by stellar firms like Northeastern Hardware Hank's Reserve Life...............

Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

This Thread is USELESS without pics.........:)
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