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Thread: How is interest credited?

  1. 05-16-2008, 11:27 AM #1
    GarySpicuzza
    GarySpicuzza is offline Visitor
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    Default How is interest credited?

    How is interest credited in a Fixed Annuity or a Fixed Indexed Annuity?

    A "picture" is worth a thousand words!

    I found the graphic below somewhere on the Internet.

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  2. 05-16-2008, 04:41 PM #2
    luv2read's Avatar
    luv2read
    luv2read is offline Planet TSP
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    Default Re: How is interest credited?

    nice chart, tyvm!
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  3. 05-17-2008, 01:30 AM #3
    GarySpicuzza
    GarySpicuzza is offline Visitor
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    Default Re: How is interest credited?

    Your welcome!

    Ya know luv2, many people think life insurance and annuity companies are making inordinate amounts of money, don't get me wrong, THEY DO, but it's a very small percentage on billions of dollars. $$$,$$$,$$$,$$$

    2% on average of $712,000,000,000 dollars is a lot of money.

    Much like if I could just convince each and every man, woman and child in the U.S.A. to just give me $1.00 dollar I'd have $300,000,000 dollars.

    BTW, great avatar!

    I need to change mine because I do more box rants than anything else on the Internet.
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