June 13, 2022 by Sheryl J. Moore
Laughing out loud at this one:
“To entice buyers, insurance companies that provide fixed index annuities may guarantee a minimum income rate and offer enhanced or boosted rates for the first year of the contract or beyond.”
Is that a nice way of saying that the insurance company may play bait-and-switch with your inforce renewal rates?
That aside, I have to say that I am never okay with articles that suggest that people “always” or “never” purchase any instrument.