I had an agent call me the other day offering a guaranteed IA at 4 or 5 percent. The call didn't get much further than that so I didn't get any details.
In the meantime, I did some research on IA since I was not that familiar with them - including the thread on here from 2008.
I used an instant quote calculator with 100k and selected single life. The monthly payment was $667 (8k annually). Does that mean the IA is considered to have an 8% payout?
Thanks.
JD
In the meantime, I did some research on IA since I was not that familiar with them - including the thread on here from 2008.
I used an instant quote calculator with 100k and selected single life. The monthly payment was $667 (8k annually). Does that mean the IA is considered to have an 8% payout?
Thanks.
JD