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Originally Posted by retiredguy123
I wouldn't. It is a life insurance contract. Fixed index annuities have high fees and surrender charges. You can achieve better returns by investing the money yourself in a diversified portfolio of stock and bond index funds. I would suggest Vanguard Investments or Fidelity Investments.
I would suggest that you ask the company to send you a copy of the "entire" annuity contract so you can review it before you sign it. They will probably refuse to send it to you.
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Fixed Index Annuities do not have high fees. The fees come from riders that you add to them. If you have an index annuity without riders and have a fee you bought the wrong one because 99% of them do not have fees