The Scary Clause in Fixed Index Annuity Contracts
August 23, 2023 by Jonathan Ping
Allan Roth takes a closer look at the role of fixed index annuities as part of an “efficient” portfolio, and as usual makes some great observations. The first thing about fixed index annuities is that no two are the same – the insurance companies don’t want to create a standardized product where they have to compete with each other on price.
Click HERE to read the full story via My Money Blog.
Wink’s Moore on the Market: guess Allan Roth isn’t familiar with the fact that there are indexed annuities that guarantee their caps/pars/spreads for the duration of the surrender charge period.
That said, the author is not wrong.
This “blog” looks a lot like clickbait. I’d love to educate the author of the blog about these other annuities, but won’t hold my breath that he responds to the email I sent him. -sjm
