How is interest credited?

[GarySpicuzza]

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.

http://wsm.ezsitedesigner.com/share/scrapbook/12/127233/IndexedAnnuityMethod.gif

[luv2read]

nice chart, tyvm!:D

[GarySpicuzza]

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 http://scrapgirls.com.ipbhost.com/style_emoticons/default/on-soap-box.gif box rants than anything else on the Internet. :eek: