The Index Annuity Scam - Market Up 13+%, Annuity Returns Less Than 1%
403b.substack.com
Few things shock me these days, especially when it comes to Equity Indexed Annuities. But I was surprised recently with a client who showed me their Americo Equity Indexed Annuity statement and they had earned almost no interest in a year where the market was clearly up. The culprit? An adjustable "Spread". If this sounds like another language, don't worry, it is.
The Index Annuity Scam - Market Up 13+%, Annuity Returns Less Than 1%
The Index Annuity Scam - Market Up 13…
The Index Annuity Scam - Market Up 13+%, Annuity Returns Less Than 1%
Few things shock me these days, especially when it comes to Equity Indexed Annuities. But I was surprised recently with a client who showed me their Americo Equity Indexed Annuity statement and they had earned almost no interest in a year where the market was clearly up. The culprit? An adjustable "Spread". If this sounds like another language, don't worry, it is.