Re: Financial dinners and Equity Indexed Annuities
Quote:
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%
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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...............
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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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