Are Fixed Index Annuitys Scams?

May 29th, 2008

My friend was thinking about getting an equity indexed annuity. He wasn’t so sure if the agent was jerking him around. Last night he attended a seminar about the Allianz annuity. They seemed pretty interesting. They didn’t have the risk that variable annuities have, but they had the potential to make more than a traditional fixed annuity.

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