A.M. Best stated recently that it remains “cautious on the equity-indexed annuity segment due to its thin profit margins and management challenges during the continuing low-interest-rate environment.”
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While these two may sound similar their are huge differences between fixed and variable annuities. A fixed annuity is basically tied strictly to interest rates. There is really no market risk to the money so losing money due to stock market fluctuation is not possible. Even though they can offer a lower rate of return [...]

Okay, so I can tell you I have sat in front of countless numbers of people who have made mistakes when purchasing and owning annuities. And I have visited people who wish they never got involved in an annuity. And I have seen people who say that their annuity is their worst nightmare…So what is [...]