First American Trust of Central Florida - indexed annuity
Anyone have experience or opinions on First American Trust of Central Florida and the equity indexed annuities they sell? My husband has an IRA inside an annuity that has matured and is paying a very small rate. He wants something safe. He does not know how to invest. So suggesting he put it in mutual funds himself.....well, that would just worry him if he lost money. I have read negatives about these indexed annuities. If it sounds too good to be true....Not sure what other alternative he would have that he could handle.
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