Indexed Annuity Product Illustrations Draw Fire Over Illusory Returns

June 21, 2023 by Warren S. Hersch

Sheryl Moore, CEO of Wink, publisher of Wink’s Sales & Market Report, said indexed annuity illustrations she’s seen project annual returns upwards of 17%. Indexed annuities typically outpace the interest earnings of fixed-rate annuities by a small margin. That would seem to dictate yields well below those shown in illustrations, given that fixed annuities are currently crediting an average rate of 4.10%, she noted.

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Originally Posted at Life Annuity Specialist on June 16, 2023 by Warren S. Hersch.