How Did Fixed Index Annuities Actually Perform in 2013?
According to The Index Compendium, Jan 2014, “Although a few annuities ended the year crediting 5% to 6 % interest – and a couple product methods credited over 20% – the reality is most Index Annuities purchased December 2012 credited 2% to 3% in December 2013.” So why the huge discrepancy in credits? Jack Marrion, editor of Index Compendium, believes it is simply that the low bond yields a year ago did not allow carriers to buy much upside with their index link. But the...
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