shotgunner
Full time employment: Posting here.
- Joined
- Jun 18, 2008
- Messages
- 538
I have a variable annuity from USAllianz called High Five. Normally I would put a VA on the equity side of the ledger for rebalancing purposes. This product allows me to take the money and run and I get to take the highest account balance in the last five years. I am subject to no withdrawal penalties come Aug 2012 and my that is within the 5 year window of my Oct '07 high. Currently my balance is $123K, come August '12 I can walk away with $146,500 even if the current balance at that time is below that figure.
So for rebalancing purposes this year would you consider this a fixed asset or an equity?
So for rebalancing purposes this year would you consider this a fixed asset or an equity?