YOU CAN STILL LOSE MONEY WITH THESE PRODUCTS?!
August 9, 2022 by Sheryl J. Moore
Does anyone else take issue with people marketing structured annuities/RILAs as “offering downside protection?”
YOU CAN STILL LOSE MONEY WITH THESE PRODUCTS?!
You ARE offered some level of downside protection with structured annuities, but it isn’t like you cannot lose any money. Losses are normally tempered with a buffer or floor, which is typically less than zero.
This just kind of reminds me how VA with living benefits are often pitched- “All of the upside and strong guarantees.”
Uncomfortable. -sjm
Categories: Moore on the Market