Talk of The Villages Florida - View Single Post - Fixed Index Annuity??
Thread: Fixed Index Annuity??
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Old 09-20-2010, 06:24 AM
2 Oldcrabs 2 Oldcrabs is offline
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Default Be careful
The agent's commission is 8-10% on annunities. If you google "Annunity rip off" or "Annunity complaint" you will see the many problems with these investments. They are only as good as the insurance company. A lot of money is flowing into them. Not all are bad investments. Do your research and check with your insurance commission to make sure the agent is authorized to sell this investment and see if there are any complaints about the agent or the product.